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You realize I'm presenting a hypothetical scenario and I'm not even a landlord, right? I was just playing into your scenario there, but that is not required. I
by annoyingnoob 4y ago
You realize I'm presenting a hypothetical scenario and I'm not even a landlord, right?
I was just playing into your scenario there, but that is not required. I suspect every property owner or manager has a different tolerance for empty units. If I can over-charge for most of the building then I can let a unit sit empty rather than lower the rent, this only works for so long.
When people can spend more they will and anyone in a rent-seeking business is going to see UBI as money on the table.