3 ms·
That's true on average and in the long run, but there is a cost for the tenant to move so the landlord can push their luck, at least for a few months.
by substation13 4y ago
That's true on average and in the long run, but there is a cost for the tenant to move so the landlord can push their luck, at least for a few months.
- hellisothers 4y agoAt least in the US, commercial property (ie rental units) have their value tied to their annual income. So not only is the landlord incentivized to push up rent for short term gains but they’re also disincentivized to lower it or keep it flat if they want to see their property value increase.