Las Vegas Review-Journal (Sunday)

A big ‘we told you so’

State lawmakers should have listened to landlords on housing bill

- By Keith Lynam Keith Lynam is the 2019 president of the Nevada Realtors (www.nvar. org), a profession­al trade associatio­n with more than 17,000 members.

NO one likes to say, “We told you so.” But in this case, “We told you so.” My first reaction after reading the front-page story in the July 24 Review-Journal (“Nevada’s new tenant

IN RESPONSE

protection­s prompt reduced times to pay for rent”): Why wouldn’t they listen to us when we told them this is exactly what would happen to our hardworkin­g Nevada families?

The story concerned apartment renters who are understand­ably worried about how some huge apartment complex owners are responding to Senate Bill 151, a new state law passed during the 2019 Legislatur­e.

As the story pointed out, at least some of the companies that manage thousands of apartments in Southern Nevada have begun notifying tenants that “starting Sept. 1, rent will be considered delinquent on the second day of the month, allowing the company to charge overdue rent fees and start the eviction process.”

The president of one of these property management companies told the RJ that this change and others are in response to SB151, a bill that Nevada Realtors — who work to protect the rights of property owners — aggressive­ly opposed when it was passed last month without public debate in the waning minutes of the session.

Supporters of this law want you to believe all landlords are wealthy or big and uncaring companies.

In reality, most of the local property owners harmed by this law are “mom and pop” homeowners who rely on their tenants to pay their rent on time so they can pay their mortgage. In reality, these “mom and pop” homeowners who are able to provide safe and affordable single-family homes for hardworkin­g Nevada families are every bit as susceptibl­e to the same financial concerns as their tenants.

In reality, these Nevada homeowners care about their tenants and work with them during times of trouble because they know keeping that family in their home is important to both parties. In reality, these single-family homeowners understand even one financial mishap puts both tenant and property owner in trouble.

Of course, most Nevadans understand this — and so do the supporters of these last-minute changes to Nevada law, done under the darkness of night, which are now damaging Nevada families. They know because we told them exactly what would happen if they continued with their bullying tactics to get bad legislatio­n passed in the waning moments of the Legislatur­e.

For these legislator­s, being someone important outweighed doing something important. Our Nevada homeowners and Nevada families are now paying the price. We told them so.

Our more than 17,000 Nevada Realtors members opposed several bills proposed last session that we continued to say would have damaging effects on Southern Nevada’s fragile housing market. We told lawmakers it would have an adverse impact on both property owners and tenants. Hundreds of Nevada homeowners told these legislator­s their actions were short-sighted and would put them in a bad predicamen­t.

Nevada Realtors worked with all interested parties for more than a year prior to the 2019 session, providing real solutions to Nevada families who rent homes here. Those real solutions were ignored. And in spite of our repeated warnings that their efforts would harm Nevada’s hardworkin­g families, they blocked us out of their late-night legislativ­e party. Now tenants are paying the price, and we told them so.

Even still, we continue to commit to Gov. Steve Sisolak and reasonable state leaders to work with them to find real solutions to our affordable housing issues that won’t damage Nevada’s homeowners and the hardworkin­g Nevada families who rent their homes. By working together, we can find solutions that will actually have a positive impact on Nevada families who need affordable, safe and stable housing. And we won’t have to continue saying, “We told you so.”

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