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Many cities place artificial constraints on rent increases, for example which prevents full amortization.
by soyiuz 10y ago
Many cities place artificial constraints on rent increases, for example which prevents full amortization.
- bane 10y agoDoesn't matter. Landlords who are in the business of renting aren't a charity. Somebody will be paying for those expenses and it's the goal of the landlord to make it not them. Most of these kinds of arguments seen to stem from some kind of fantasy that renting is a smart choice because look at how we're pulling one over on landlords with all that free stuff they have to give me. But no rental market can survive when landlords are losing their shirt to paying for other people's expenses. And yet rental markets are full and robust everywhere which means landlords make money on the exchange, otherwise the entire rental market would be controlled by rapidly impoverished idiots, which is obviously not the case. Landlords make money in several ways simultaneously, but providing charity to renters is not one of them.
- tunap 10y agoStrawman much? I never said nor intimated I was pulling anything over anyone. Property owners assume the burden of maintenance & costs of ownership. Those costs are reflected in the amount of money I give them for the privilege, not the "right", of residing on their property. When I leave, I have NOTHING to show for it.