HAPCO Philadelphia Member's "Letter to the Editor" Hits The Mark

Bravo to longtime HAPCO Philadelphia member Pauline Rosenberg for her scathing reply to a recent Philadelphia Inquirer article.
The piece is based on a Drexel University study that finds out-of-town corporate investors are buying up low cost properties and flipping them as market-rate rentals.
Pauline’s Letter to the Editor is another example of HP’s clout and a reason to join Philadelphia’s largest rental and investment owner advocacy group.
And if you see an article somewhere that HAPCO Philadelphia needs to respond to, LET US KNOW!
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LETTERS TO THE EDITOR

Big Investors Are Moving In

Michaelle Bond’s article on how big investors are moving into the city’s rental market fails to mention the city’s responsibility for this trend.

This city is seriously anti-landlord, and small housing providers are selling out. During the pandemic, Philly’s courts actually protected nonpaying working tenants from eviction — unheard of in other cities. I lost six months’ rent to a scamming tenant and have no recourse to recovery.

City Council recently passed a law saying a housing provider cannot reject an applicant with past evictions and poor credit. Who in their right mind would want to stay in this business? There are many other insane regulations driving mom-and-pop housing providers to sell to big investors.

As long as the city sees small housing providers as adversaries and refuses to dialogue with them on their challenges and frustrations, they will continue to sell out to big investors.

The crisis in affordable housing will only get worse.

Pauline RosenbergPhiladelphia


POSTPONED: HAPCO Philadelphia Mayoral & Council Candidate Forum

HAPCO Philadelphia will be rescheduling the “Meet the Candidates Forum” to make sure we have most of the mayoral and council candidates there.
This will be YOUR Chance to let Mayoral and City Council know about issues and challenges facing rental and investment property owners in Philadelphia!
Hear where they stand on Property Tax Assessments, Eviction Diversion Extension, Rent Control, and other policies affecting your ability to survive and thrive in the affordable housing market.
Let our future lawmakers know they need to treat rental owners like the small businesses that we are!
Tell them to stop forcing us out of business!
WHEN: TO BE ANNOUNCED.  CHECK BACK FOR THE NEW DATE!
WHERE: The Associated Polish Home
9150 Academy Road
Philadelphia, PA.  19114


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