SB19-225 - Stop Rent Control from coming to Colorado!

[XJ]

Is there any recent example where a D majority in the statehouse has changed their mind on doing something stupid because of letters, calls, etc?

[Martinjmpr]

I wonder if what will happen is so obvious that Stevie Wonder can see it coming if this passes?

If there is rent control, then people/companies building high density housing (condos/apartments) will not see the future rent increases and their future revenue. This hurts future value. Lower future value and revenue means that high density housing is less attractive to build. That means fewer apartments. There will be a waiting list of places to live because there will be a shortage of apartments. And then people wont want to move out of their rent controlled dwellings. So fewer will come open. Then individuals wont want to rent their houses out because of rent controls.

The rent will be controlled. There just wont be any supply.

But lets look at the good news. Renters are generally younger, urban people. Or Democrat voters. If we can make it harder for DEMs to find housing in the state, maybe that will help save the state in the long run.

If they pass it, I wouldnt invest money in a rental unit....

Yup, rent control leads to housing shortages which in turn drives rents UP.

Also leads to an increase in the phenomenon of illegal sub-leasing which from what I've heard is endemic in places like NY and SF.

[avandelay]

They're just creating another problem that will have to be addressed in ten years...with another law. You can't legislate human nature.

[Zundfolge]

Liberals: OMG Colorado has become too expensive for working people to rent! Lets implement price controls!

a couple years later

Liberals: OMG Colorado has a housing shortage, especially for affordable housing rentals!

[Firehaus]

Liberals: OMG Colorado has become too expensive for working people to rent! Lets implement price controls!

a couple years later

Liberals: OMG Colorado has a housing shortage, especially for affordable housing rentals!

Sort of like the defects law that stopped condo developments so people would have things to buy under $200k?


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[vossman]

Is there any recent example where a D majority in the statehouse has changed their mind on doing something stupid because of letters, calls, etc?

I was thinking the same thing. They don’t read letters or type out replies or take phone calls. Their flunkies do and it means zero.

[Gman]

They should just raise hunting fees a little more to help subsidize rents.

I figure they'll just tack it on to vehicle registration.

[Gman]

I was thinking the same thing. They don’t read letters or type out replies or take phone calls. Their flunkies do and it means zero.

They don't even listen in person, so why would they bother to inform themselves in other ways?

[Skip]

They don't even listen in person, so why would they bother to inform themselves in other ways?

The only thing that seems to faze them is recall because it's a stain/block on their political aspirations and their connected friend in TheParty can't help them overcome that.

Really hard to advance in politics when your own constituents have pulled you from office.