Democrat Lawmakers Take Aim at Landlords

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Congresswoman Alexandria Ocasio-Cortez (WSJ/Realtor.com)

The Wall Street Journal is reporting (as reposted on Realtor.com) that so-called progressive Democratic lawmakers across the nation are proposing tighter controls and/or new taxes on landlords and property owners.  The article discusses recent efforts in Illinois, New York (city & state) and Oregon as well as celebrity Congresswoman Alexandria Ocasio-Cortez, who said she wants to “stand up to the luxury developer lobby” during her campaign last Fall.  In New York state, the attitude of one assemblyman seems to sum up their mission quite succinctly;  “Landlords have had their run of the playground, and we’re taking it back,.”  However….

Click here to read the full story on Realtor.com.

 

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Director of Education & Outreach, National Real Estate Investors Association

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