GOOD CAUSE EVICTION COULD BE COMING TO THE TOWN OF POUGHKEEPSIE
Landlords must join together to STOP Good Cause Eviction in the Town of Poughkeepsie ASAP
WHAT YOU NEED TO KNOW & HOW THIS WILL AFFECT YOUR PROPERTY
1. Reduced Landlord Incentives to Maintain Properties: Opponents argue that landlords may be less motivated to invest in maintenance or improvements because they have less flexibility in raising rents or evicting tenants who cause damage.
2. Financial Strain on all Landlords: Property owners rely on rental income to cover their expenses, capital improvement reserves, property taxes, utilities, and repairs. Good cause eviction laws may limit their ability to adjust rents in line with rising costs, creating financial difficulties.
3. Potential for Legal Conflicts: Good cause eviction laws can lead to more disputes between landlords and tenants, increasing the likelihood of court cases. These legal battles can be costly and time-consuming for both parties.
4. Impact on Housing Supply: Critics argue that restricting evictions and limiting rent increases will discourage developers from building new rental properties, which will exacerbate housing shortages.
5. Difficulty Removing Problem Tenants: While good cause eviction laws are designed to protect tenants from unfair evictions, they may make it harder for landlords to remove tenants who engage in disruptive behavior or fail to meet other lease terms.
6. Administrative Burdens: The laws may require landlords to navigate additional paperwork, legal requirements, or rent control mechanisms, adding complexity to property management.
7. Potential Unintended Consequences: Opponents contend that these laws might lead to higher rents for new tenants, as landlords attempt to offset restrictions on existing units.