Submitted by tronhammer t3_11zqejg in newhampshire
ShortUSA t1_jdgwys4 wrote
Yeah, NH laws are terrible for both landlords and renters. How can that be? Easy. Landlords get so f$$ked by bad renters who don't pay and often trash the place to tune of $5k-10k+ that those cost increase the rents and cause people to lose interest in renting, particularly smaller landlords. I know first hand.
If people want more places to rent at better prices two things must occur 1. It becomes cheaper for landlords to rent, and two it becomes easier for landlords to rent. Both can be accomplished by harshy penalizing by the few renters who dramatically increase costs and can't be removed for many months, then just move on and do the same thing at the next apartment.
One reason more apartment buildings aren't built is the enormous costs of building and operating them above and beyond the costs of single family homes. While the land for the home is more of the costs, for an apartment building of virtually any size one must have a sprinkler system, 24/7 alarm monitoring company, elevator, trash pickup (most towns with two pickup won't pick up a new apartment buildings, so they pay twice - in taxes and to a private company), etc, etc.
Yeah yeah yeah, sprinkler systems might be critical to some, but people have to consider they're tens of thousands to install, and several thousand per year to inspect and maintain. Which is why you don't usually see any 4, 6, 9, even 12 unit apartment buildings going up. It's just not cost feasible.
Why should renters be required to be MORE protected them single family homeowners?
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