ifukkedurbich t1_jdhvgcp wrote on March 24, 2023 at 2:42 PM

Reply to comment by ericools in NH lawmakers considering bill to make it easier for landlords to evict tenants by tronhammer

You're talking about eviction with cause. That's not what the person you are responding to was talking about.

The person above you was referencing non-renewal without cause. If the tenant is being forced out through no fault of their own, they deserve enough time to find a new place. 90 days is much more realistic than 30 days.

ericools t1_jdi62xu wrote on March 24, 2023 at 3:50 PM

It doesn't appear to me that people are considering cause at all in this thread.

Nobody just kicks out a good tenant for no reason. There are undoubtedly a whole variety of reasons why someone would not renew a lease. We can argue about how justifiable each one might be but it's important for everyone involved to know when and how the agreement can end.

Everyone knows what the terms of the lease are at the beginning. You don't just have 30 days, you have the whole term of your lease. If it's important to you to remain longer than your lease you can request to renew your lease. If you wait until there's only 30 days left to address that issue that's on you as much as anyone else.

ifukkedurbich t1_jdlicq0 wrote on March 25, 2023 at 7:40 AM

Actually, a lot of good tenants are being kicked out. People who always pay their rent, keep the place nice, and don't bother other tenants. Because landlords can and will kick someone out without cause. They're doing this to avoid any possible legal issues that arise from raising the existing tenant rent by $500 or more

ericools t1_jdpruwt wrote on March 26, 2023 at 5:54 AM

That seems like an argument, but you didn't back it up with anything. Do you have some inside knowledge about what legal counsel is telling property managers? If so can you establish that this the common cause across the industry?

P0Rt1ng4Duty t1_jdl681x wrote on March 25, 2023 at 5:00 AM

The law would allow landlords to evict good tenants in order to increase the rent for the next one. This process usually takes 60 days (plus complications.) The new law allows for them to be booted in 30.

This law shaves 30 days off of the process of price-gouging tenants.

ericools t1_jdprlc0 wrote on March 26, 2023 at 5:51 AM

If their lease is up couldn't they raise their rent? Leases I have signed generally state a rate for a given period. Often both parties will choose to just continue past that, but in a high inflation environment you can't really expect that.

Landlords aren't the reason prices are high. Prices are high in part because more people want to be where there is less housing than will house that many people so they bid it up, and in part because of inflation. Both factors are in no small part influenced by the FED.

Housing is not a high margin industry (for most common housing). The cost of everything has been going up a lot. Labor, hardware, power, loans..... You don't want companies waiting until they need the money to try and get the money. That's what happened to SVB, and what will probably happen to a lot of companies in the next couple years. Especially ones with high debt. Can you think of an industry that involves holding a lot of debt?