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by kcanini 2972 days ago
> Who is being harmed by a rent-controllee sub-leasing? Literally no one.

The owner is harmed, because otherwise they could have gotten a new tenant and raised the rent back up to market rate.

1 comments

Only if the tenant leaved. If leaving loses the rent-control, the tenant will stay. The price is well below market rate, then they wouldnt even get roomates, harming the entire rental market on both ends: by removing profits from the owner and decreasing supply.

If rent-control didn't have the restriction, then it wouldnt make a dent into rent prices, but it would clearly show that it is a mere transfer from the owner to the rent-controllee.