For the most part, being a landlord, particularly in a major city, has been a good business to be in. Rents historically just go up — as so do property prices. And there are multiple other ways to make money, as well. Plus, historically, politicians didn't care much about the rights of renters, focusing much more on the concerns of homeowners. But the politics might be changing. And if the politics are changing, then the economics may change as well. On this episode of the podcast, we speak with Ben Carlos Thypin, a residential and commercial landlord in New York City, who tells us the golden age of being a landlord is over and why he plans to get out of residential real estate completely.

Watch more Odd Lots    • Odd Lots  
Subscribe to Bloomberg Podcasts https://bit.ly/BloombergPodcasts

Bloomberg's Joe Weisenthal and Tracy Alloway analyze the weird patterns, the complex issues and the newest market crazes. Join the conversation every Monday and Thursday for interviews with the most interesting minds in finance, economics and markets.

#Bloomberg #Podcast #OddLots

Visit us: https://www.bloomberg.com/podcasts

Follow Bloomberg Podcasts on Twitter:   / podcasts  

Visit our other YouTube channels:
Bloomberg Television:    / @markets  
Bloomberg Originals:    / bloomberg  
Bloomberg Quicktake:    / @bloombergquicktake  

For coverage on news, markets and more: http://www.bloomberg.com/video