Stephen Maris 
Member since Dec 10, 2015


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Re: “Alameda Landlord Who Evicted 33 Families Slams Councilmembers

Capitalism built this country and remains our foundation for great achievements. Government controlled housing (in it's purest form, Socialism) is what destroyed the Soviet Union. If there is no incentive for capital to flow (i.e. profits), then you end up with blight, like much of what I see in Oakland. Mr. Sridhar is free to take his capital to other investments that are less of a headache and drain on his "litigation fund". I'm only generalizing here, since there are bad landlords, just like they are some bad tenants. At the end of the day, any additional costs (litigation, taxes, fees, time to get permits, etc) will be passed on in the form of higher rents, so this is where rent control can backfire.

Posted by Stephen Maris on 12/10/2015 at 12:03 PM

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