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Honestly, counting on being able to rent a single family home for an extended period of time is insane. That they were able to live there for over a decade make
by toasterlovin 9y ago
Honestly, counting on being able to rent a single family home for an extended period of time is insane. That they were able to live there for over a decade makes them an outlier. Most single family homes are owned by individuals. Individuals and/or their heirs often need liquidity, so rental houses are way more likely to change hands than apartment buildings.
- foldr 9y agoWho said they were counting on it? The point is that this is a problem that could be ameliorated by simple regulations. In NYC, for example, it would not be possible to increase someone's rent by 100%.