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New York City Council Votes to End Broker Fees Squeezing Renters

(www.bloomberg.com)
258 points JumpCrisscross | 1 comments | 13 Nov 24 21:38 UTC | HN request time: 0.307s | source
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jmyeet ◴[13 Nov 24 23:29 UTC] No.42131382[source]▶
This passing is good. This being so controversial and difficult to pass is sad.

This is a fairly simple concept: you should not be forced to pay a fee for someone who does not have a fiduciary duty to you. The broker works for the landlord. The landlord should pay them. Simple.

replies(2): >>42131866 #>>42132541 #
1. johnnyanmac ◴[14 Nov 24 00:37 UTC] No.42131866[source]▶
lots of failed "this shouldn't be controversial" props passed in California. Just shows how unreliable it is to rely on uninformed people to make policy changes.

At least the arguments up top have obvious perverse incentives.