whole preferential rent thing a joke made up by the real estate industry to make u feel like they doing u a favor by not charging u the higher legal rent foh
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It’s like gentrification insurance for landlords though a lot harder of a scam now post HSTPA
it's also proof that rent stabilization does not distort the market in nearly as drastic a way as chip and others say. market rents can often be lower than legal rents
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