Small landlords may do that… but how does “everyone else” price? If you set price to low, you’re leaving money on the table, price too high and you won’t find

Small landlords may do that… but how does “everyone else” price? If you set price to low, you’re leaving money on the table, price too high and you won’t find a tenant. Price high (but not too high), it may take longer to find a tenant (more lost rent), price low and you’ll get lower income tenants (who will be more likely to miss rent, because they’re less likely to be non-salary workers). The rents will “naturally” trend to a rate that is affordable but budget-filling of the desirable demographic -in a big city that’s well paid office workers who move a lot.