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Why wouldn't the landlord raise rent? There's not a lot of housing alternatives (the supply of housing) and if your average tenant makes 125K instead of 70K, wh
by ZanyProgrammer 11y ago
Why wouldn't the landlord raise rent? There's not a lot of housing alternatives (the supply of housing) and if your average tenant makes 125K instead of 70K, why not gouge them?
- PhasmaFelis 11y agoI don't understand why people think that "making as much money as possible is the most important thing in the world" is a convincing moral argument. You could, for example, have argued that wealthier tenants lead to rising property values, which means the landlord has to raise his rents just to break even on the property taxes. That would have been a coherent argument that absolves all individual blame. Why would you lead with "greed is good"? (And, again, I'm not personally saying that either the tenant or the landlord is at fault. I just don't understand why, if I've just been driven out of my home and I'm looking for someone nearby to blame, I would choose to pin it on the new tenant instead of the landlord.)