A recent editorial in the Colorado Springs Gazette pulls no punches about a legislative proposal making its way through the Colorado statehouse that puts new restrictions on landlords’ ability to move out problem tenants. The bill, House Bill 23-1171, passed the Colorado House in mid-March and is heading to the state senate. Below are some excerpts, however be sure to read the entire editorial.
“You’d think a legislature so committed to tenants’ rights wouldn’t try so hard to run Colorado’s landlords out of business. Particularly in a state whose major population centers already face a dire shortage of affordable rental housing.”
“While the bill’s wording might sound superficially reasonable — prohibiting evictions only if they are without “just cause” — testimony against the measure in a committee hearing days earlier made clear it’s a budget buster especially for small landlords who make up a lot of the market. Among the bill’s micromanaging provisions is one that would require landlords to give tenants 90 days’ notice before eviction and pay them two to three months’ worth of rent in certain circumstances.”
“The bill now moves to the state Senate, where, we hope, a better understanding of basic economics will prevail.”