Make tenants qualify for it

Make tenants qualify for it

Wednesday, September 21, 2005
Letters to the Editor
The Jersey Journal

I am a member of the MSTA (Mile Square Taxpayer Association) in Hoboken.

As a property owner, I think rent control is a good idea when it benefits the people who it was designed to assist. Rent control is supposed to help low-income, disabled, and senior tenants have access to affordable housing.

The problem with Hoboken's system is that the people who are getting the benefit, or subsidy if you will, are not the people who need it. The law does not require someone to qualify for a rent-controlled apartment, so you have young, healthy, professionals who are making well into the six-figure salary range taking advantage of the system.

This is not right. In essence, as a landlord, I am personally subsidizing people who literally make more money than I do!!! This is insane.

Simple solution: Just like government subsidized housing or Section 8 units, tenants should have to qualify to get the benefits of rent control.


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