Comments by "gary K" (@garyK.45ACP) on "California renters will have more protections in 2024 under new laws" video.

  1. The best protection for renters is PAY YOUR RENT ON TIME. DON'T TRASH THE PROPERTY! There are three options WILL happen: 1. Rent cost will increase. Landlords are not in this to lose money. Anything that increases their COST or their RISK (such as reduced security deposits) will be passed on to the tenants. The market price for rental property will increase. OR 2. Landlords will SELL the property to owner/occupiers. The number of rental units will decrease and rents will INCREASE. The landlords will then INVEST the money in property in states with lower costs for real estate and less restrictive laws on landlords. OR 3. Small landlords will sell their property to large rental property corporations which will raise rents by reducing competition among landlords. During the period of the "eviction moratorium", before it was thrown out by the Supreme Court, landlords were SELLING their property in order to "evict" non-paying tenants. People with money, property and knowledge always have options.
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  2. Those roadblocks not only prevent new housing from being built, it raises the cost of new housing and reduces the supply of housing....further increasing costs.
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