4 ms·
Yep. The idea that you have one unit while the landlord has multiple units is not true. You have the choice of a hundred units. And its their responsibility to
by schalab 7y ago
Yep. The idea that you have one unit while the landlord has multiple units is not true.
You have the choice of a hundred units. And its their responsibility to fight with each other to make you choose one of them. Thats what keeps them honest and gives you bargaining power.
- devxvda 7y agoUntil they collude with each other.
- wpietri 7y agoFor renewing your lease, you have a choice of exactly one unit. Since the switching cost is high, the landlord has the ability to extract money beyond what a new renter would pay for the unit.