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> There is very close to zero wiggle room for landlords to raise prices. This is disproved very easily by reality - most places have increasing rent YoY. Same
by yunohn 5y ago
> There is very close to zero wiggle room for landlords to raise prices.
This is disproved very easily by reality - most places have increasing rent YoY. Same goes for house prices.
Because of low supply and large demand, like you say, landlords can charge monopoly prices. Not sure why you claim they don’t go up?
- colinmhayes 5y agoRental demand in desirable areas keeps going up as wealth inequality increases and yuppies continue to want to live in urban areas.
- kd0amg 5y ago> This is disproved very easily by reality - most places have increasing rent YoY. Same goes for house prices. All this proves is that evolving market conditions lead to changes in price. Try charging 2030's market-rate rent in 2021, and see how many offers you get.