"Paul Habibi, a University of California Los Angeles professor and himself a real estate investor, said he is against rent control. But, he anticipates New York’s new regulations will create momentum.
"'I hate to say it but it’s probably going to create more tailwind for these initiatives,' Habibi said. 'We’re probably not going to get anything in the next year, but these things don’t have to evolve overnight — they can take a few years and be just as punitive.'"
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06/14/2019
The Real Deal: "'A very dangerous precedent:' Real estate industry reacts to NY’s sweeping rent reform measures"
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