How Do Things Get Better For CT Landlords?
I hear it all the time….”the eviction laws favor tenants,”…the “CHRO discrimination process is legalized extortion,”… “the lead paint issue is a hoax…children’s lead levels are at historic lows but their I.Q. scores are also going down,”…Bob can’t CTPOA fix any of this?
Well the answer is both yes and no! We can’t fix any of this legislatively, we’ve tried for many years but in Connecticut the cards are stacked against landlords. However, landlords can get organized and work together as a team to unseat Legislators that are openly hostile to private landlords and businesses and at the same time elect pro-landlord legislators.
The progress we have made at the Capitol has ground to a halt the past couple of years as liberal committee leaders favor tenants over landlords. No better example is Representative William Tong of Stamford who is now running for Attorney General in CT. Last year several landlords asked to meet with him in his district to discuss housing matters, specifically the complaints about the CHRO process being totally one-sided and favoring tenants. His response was devastating, he basically said that frivolous discrimination complaints are in fact a cost of doing business and that landlords had to suck it up. Then he continued to say basically that you don’t have the votes to change things!”
We pursued to fix the CHRO law despite Tong’s assertion with a Bill proposed by Representative Cara Pavalock of Bristol, (Bill# 7303) and when it arrived in Tongs committee (he is the House Chair on Judiciary) it was basically stripped of all language that was going to help landlords and instead new language was inserted to help CHRO and tenants….we then had to work hard to kill our own Bill.
There is no way to fix things legislatively unless the players change at the State Capitol. Liberal leaders run committees and their agenda is just not in line with most business owners. This November there is a once-in-a-lifetime opportunity to fix things at the State Capitol. Landlords will have an opportunity this November to get organized and vote out several anti-business, anti-landlord legislators and help elect pro-landlord legislators. Then and only then can things possible get better for rental owner in the State of Connecticut. Remember we did this in New Britain in 2013 when that city’s mayor attacked landlords, we can do it again in November, it’s the only solution!
The 2018 General Assembly Session has been anything but a smooth ride as several harmful Bills advanced further than they should have. This could be a signal for trouble on the horizon for CT Landlords unless they wake up and get more involved in the political process and make Legislators understand what they face on a daily basis dealing with their properties.
Bill # 5376 “An Act Limiting Rent Increases In Certain MultiFamily Dwellings” would limit rent increases for owners who received State or Federal funds to improve their property. What was horribly wrong with the Bill besides limiting profits was it tied the rate of increases to the CPI and property owners costs are not tied to that index but property taxes, insurance and utility costs so it was just a bad idea to begin with. The Bill was opposed by CTPOA but few other testified against it and while this version said “if an owner received State or Federal funding”…this is only one amendment away from making this apply to all rental property owners.
Another Bill that concerns us is Bill # 356 “An Act Concerning Licensing and Registration Requirements For Operators Of Certain Short-Term Rental Properties” The proposal requires licensing for those involved in short term rentals of less than 30 days. Again, it’s not that far of a stretch to eliminate the words “less than 30 days” and substitute instead, “all rental properties!” The result would be a windfall of revenue for the cities and State from licensing fees on rental property owners.
There are other troubling Bills alive and kicking but we’ve met with several legislators to try and persuade them not to bring these Bills forward, only time will tell. There are only 3 weeks left in this session so we’ll know soon enough what the future looks like for CT rental property owners!
As the New Year begins, we are clearly staring at crossroads here in Connecticut for many issues and not just those that impact property owners.
In a couple of weeks the Legislative Session begins and some items that will be discussed are a Statewide Property Maintenance Code and Lead Paint and Healthy Homes as CTPOA has been in meetings over the past year with advocates and agencies on these topics.
For 2018, the most important issue impacting landlords is the election in November that is truly going to make or break us. Connecticut property owners must step up and work with their tenants to vote some policy makes out of office.
It was recently disclosed that Connecticut lost 40 of the biggest 150 tax-payers in the past couple of years and what is replacing these high-earning individuals are refugees and other people moving into our State that will be dependent on government entitlement programs…so much is at stake and the numbers don’t add up!
What lies ahead is unknown but 2017 ended on a happy note because….
OUR 2017 HOLIDAY PARTY WAS A HUGE SUCCESS
CTPOA and its sponsors are hosting a Holiday Party at the wonderful La Bella Vista Banquet Hall located at 380 Farmwood Road in Waterbury. Mark you calendar for December 14th from 6:00 till 10:pm and don’t miss out on good food, fun and awesome real estate networking.
This years event will also feature a live D.J playing a variety of tunes for you listening and dancing pleasure along with an awesome menu of La Bella Vista favorites including
- Tuscan Table–Italian Meats, Cheeses and Crackers, Grilled MarinatedVegetables, Fresh Fruits, Bruschettas and Flat Bread Pizzas
- Hot Hors d’oeuvres – Seafood Stuffed Mushrooms, Fried Calamari, Zuppa Mussels, Eggplant Rollatini, Escarole and Beans, Broccoli Rabe and Sausage
- Pasta Station with Penna ala Vodka and Farfalle Primavera
- Prime Rib carving Station
- OPEN BAR all night
Come celebrate they Holidays and enjoy a wonderful night while meeting other people involved in real estate. Tickets are only $40.00 prepaid and $50.00 at the door. You may pay online by visiting the events page on our website…..Advance Registration is Requested