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James D'Argenioat 50:00

if everything stayed the same with that, what is it? 5% plus CPI? If you're raising rents 5% a year consistently on a unit, you that's a fantastic business model. So, I I don't I don't think it's just one or the other. And I also don't think there's a solution to a solve affordable housing that just relies on all rent control or no rent control. There's I Somewhere in the middle is probably the answer maybe, you know, like like like in most cases. Yeah, right? This person has a story, that person has a story, and…

James D'Argenioat 50:35

Somewhere in the middle, and I think there there can be a way to to protect the consumer from just crazy rent increases. But, if you if you start to regulate vacant units to me I I think that's a disaster. Yeah. Cuz then another thing, you kind of brought up the getting around that with charging an exorbitant amount for for parking, for example. What if I'm renting a unit and you're and you need a unit, I'm like, "Hey, there's vacancy control, and I can only raise it's just like some fantastic deal all to live in…

James D'Argenioat 49:29

I mean, I think I think price controls in general I think don't aren't good because you can never see the true value of it. Yeah, okay. Um but I'm also not one that's just to say there isn't some value in in preventing price gouging. I think I actually don't mind a cap to a degree on an annual rent increase. I think 20% is just unfair potentially for someone who is has a fixed income. Yeah, I think when 1482 was passed,