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No the entire market is going to change and if I know my risks are going to change, I’m going to increase rent. It’s going to increase prices and/or reduce sup
by scarface74 4y ago
No the entire market is going to change and if I know my risks are going to change, I’m going to increase rent.
It’s going to increase prices and/or reduce supply as not as much capital flows in.
People may not want landlords. But everyone doesn’t want to own a home. By definition, they want to rent from someone else - ie have a landlord.
- rcpt 4y agoThis wouldn't magically create rich tenants in your city. If you can really do it then why don't you simply increase rent right now?
- scarface74 4y agoThe market conditions as they exist today with the known expenses has established an equilibrium. When expenses go up or risks go up across the market, the market adjusts.