4 ms·
If inflation is 10% a year for 100+ years you are going to have bigger problems than the rent 130 year old person is paying.
by throwaway2048 6y ago
If inflation is 10% a year for 100+ years you are going to have bigger problems than the rent 130 year old person is paying.
- dahfizz 6y agoI chose that number for easy math. The point is that rent grows less than half as quick as inflation, which is definitely unsustainable.
- dahu2004 6y agoThat is if you don't renovate nor modernise the building at all. It is an incentive for landlords to keep the building up to date. In your corner case scenario, an outdated 100 years old apartment would be pretty lame and worth its fair price of "almost free".