New York’s rent control law is a relic from the 1990s.
That’s the decade when the New York City Housing Authority (NYCHA) began enforcing rent control on rental properties and, over time, began making money from it.
Today, more than half of New York State’s homes are rental properties, according to a 2016 report from the Institute for Local Self-Reliance, a coalition of local organizations.
In New York, where rent control was first enacted in the 1950s, about one-third of rental properties are on the market today, according the Institute.
New York was one of the first states to pass a rent control bill, passed in 1977.
That law set strict limits on the rent that landlords could charge for their rental units, but it also created the possibility that landlords might evict tenants for not paying rent.
In 1982, then-Mayor Rudolph Giuliani declared the city’s rental properties to be “under rent control,” effectively removing the legal framework that regulated the number of units landlords could rent in the city.
The city has since had more than 20 years to enforce the law.
Rent control in New York has been largely ineffective.
It has caused more than 200,000 New Yorkers to lose their homes and forced some 4,700 people out of the city for nonpayment of rent.
Even though the law has made landlords richer, landlords still face a steep uphill battle.
According to a 2017 study by the Institute, only a small percentage of landlords pay rent, even though their tenants are more likely to be homeless.
Even those who are not paying can face eviction for failing to pay rent.
While New York landlords have seen a $10 billion increase in the number and type of tenants since the law was enacted, rent control has had no measurable impact on homelessness.
But even with rent control, landlords are still making money by evicting tenants.
In the most recent census, landlords evicted 631,000 tenants, an increase of almost 20 percent from the previous census.
That is despite the fact that fewer people are now renting in the New Year than at any time in the past 30 years.
And since the new law came into effect in 2018, landlords have evicted nearly one million people.
Many of those evictions have been motivated by the fear that their tenants won’t pay rent and will be evicted.
As a result, New York rents have risen nearly 8 percent since 2018.
Even if landlords didn’t evict people, the law would have made them a lot richer.
The law required landlords to pay at least 90 percent of the tenant’s rent, which is a requirement that was previously optional, but now requires landlords to do.
For some landlords, that means paying $1,000 per month for every month they don’t pay.
“There’s no reason why they shouldn’t pay that rent,” says Scott Stoll, the executive director of the New Haven-based nonprofit, Legal Aid for Renters, which provides legal services for tenants who are facing eviction.
Even the tenants themselves are not getting rich from rent control.
“The reality is, landlords who don’t abide by the law and who don�t pay their rent have been making money,” Stoll says.
The number of evictions has grown exponentially in New Jersey, a state that has been the model for how to use rent control to protect tenants from eviction.
In 2018, more New Jersey residents were evicted from their homes than in any other year, according an analysis by the Legal Aid For Renters.
That trend continues today.
According the study, the number or number of tenants evicted has increased in every year since the rent control laws were passed.
Since then, there have been more than 5 million evictions, up from just over 1.5 million the year before.
The average number of months in which a tenant is evicted for not being paid a rent has grown from two months to six months, and evictions for non-payment are increasing as well.
As of this year, nearly 2,200 landlords have been charged with evictions and more than 3,100 have been convicted, according a report by Legal Aid.
But while the law is having an impact, it hasn’t made the landlords richer.
According a 2017 report by the New Jersey Legislative Analyst’s Office, landlords making more than $500,000 a year are making just $6,000 annually from rent.
The report estimated that landlords making between $150,000 and $250,000 are making $5,500 annually from the rent they pay, while landlords making less than $50,000 make just $3,000.
That statistic doesn’t tell the whole story.
For many landlords, the rent doesn’t even factor into the calculation of the amount they are owed.
In other states, rent controls are implemented to protect the poor, but for some landlords in New Zealand, the goal is to make money from evictions.
For example, in 2015, the country�s parliament passed a