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So, you think landlords should operate at a loss for the benefit of their tenants?
by vonmoltke 10y ago
So, you think landlords should operate at a loss for the benefit of their tenants?
- thebooktocome 10y agoOn the other hand, how fast does an empty unit depreciate in value?
- 205guy 10y agoSo you think that capital investments (in this case property) should have zero risk, in other words guaranteed returns?
- alasdair_ 10y agoObviously not. If the price is too high, people will not pay it.
- vonmoltke 10y agoI didn't say anything about zero risk. As the sibling comment indicates, if the cost is too high tenants will refuse to pay it by not renting the place. How long it takes the landlord to recoup the costs will depend on the local market for rentals.
- omegaworks 10y agoNot at all. I do, however, feel there should be some incentive for him to shop around for a good price.