Guest Opinion: Emily Reynolds - Increasing Occupancy Limits Won’t Lower Rent
A March 19 Camera staff editorial contained inaccurate assumptions about landlord behavior, if Boulder increases occupancy limits. The editorial suggested, “…allowing an additional person into a home would allow tenants to split the rent another way and hopefully relieve some financial stress.” That statement’s obvious, giant flaw is the assumption that somehow, the rent will remain static and unchanged if the landlord is allowed to rent to more unrelated people. Our current City Council also voices this naive, false assumption. It’s pure fantasy that landlords will keep the rent unchanged, if allowed to rent to more people. Landlords know how to use calculators. No knock against landlords, but let’s be honest, it’s a business and income source for them! Like most businesspersons, landlords understandably seek to maximize revenue and profits, not altruism. Bedrooms Are For People (BAFP) failed partly because there was no lever within the ballot measure to require affordability. Voters ...