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Yes, to some extent. The rent is dictated by the market price, which could be a gain or loss for the owner. But if every landlord's costs go up, then everyone'
by harambae 5y ago
Yes, to some extent. The rent is dictated by the market price, which could be a gain or loss for the owner.
But if every landlord's costs go up, then everyone's rent probably goes up, since the landlords are competing with each other.
- refurb 5y agoBut not all landlords have the same costs. When I was renting my landlord bought back in 1998, so their costs were likely $800 for a place that rented for $3,000.