3 ms·
>The rent must cover all the costs of the property (+ some profit). If any cost goes up, the rent will go up by at least that much. Anything else is wishful thi
by pydry 5y ago
>The rent must cover all the costs of the property (+ some profit). If any cost goes up, the rent will go up by at least that much. Anything else is wishful thinking.
When businesses that can't raise prices get taxed more than their profits they go out of business.
Anything else is wishful thinking.
>Instead, they'll sell the property and now it is off the rental market for good.
It's almost as if there were an army of renters complaining vociferously that prices are to high for them to get on the housing ladder.