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In most Western European countries rent is tightly controlled so it's not possible for landlords to make big increases overnight.
by harryf 11y ago
In most Western European countries rent is tightly controlled so it's not possible for landlords to make big increases overnight.
- hcarvalhoalves 11y agoOk: what keeps me from raising prices, period? Also, rent was just one example. In the long run it seems inflation will just go up unless there's heavy regulation of the market, at least on basic goods and services (housing, food, clothing, etc).
- nordify 11y agoNothing keeps you from raising prices. However, just because people have more money does not mean competition will stop. In fact competition might increase and prices go down, as there is more money to be made and risks/costs go down.
- distances 11y agoIs it? As far as I've understood, rent control is quite rare in Western Europe nowadays, and at least Finland doesn't have any.
- saiya-jin 11y agono it isn't, and where it is just causes havoc, ie you cannot beat market forces of many well-earning people wanting to live close to work with some law