Unfortunately these regulations too often are attempts by individuals who have never run a small business or have any idea what unintended consequences overregulation cause. Instead of assisting, these unnecessary rules simply result in investors of small rental homes to sell the property and remove the unit from the available pool just to escape intrusive government interference into the normal amicable owner-renter relationship. Second, government has no idea what new owner expenses result from these regulations and this is especially true when you impose an arbitrary number like a maximum 5% rent increase before some negative response for the rental owner occurs. It is also interesting that officials believe a regulation is required for a renter to bring in a fan for cooling. This will result in owners requiring renter’s insurance paid by the renter in order to be accepted as a qualified prospective renter. Third, when you introduce inspections, you invite an automatic distanced relationship between owner and renter when a much more congenial one was present earlier. Questions like who was responsible for failure to meet the regulations followed by higher and higher costs to comply? Fourth, these are the type of proposed regulations that further drive wedges between investors of any type and city hall. My last question would be-what exactly is the compelling interest that requires more intervention into the daily lives of small business citizens?
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