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Jacking up the price on renewal is the first move any landlord who is looking to maximize profits will do because most people really dislike moving. Plenty of p
by HDThoreaun 3y ago
Jacking up the price on renewal is the first move any landlord who is looking to maximize profits will do because most people really dislike moving. Plenty of people will accept the rent increase instead of the hassle of moving, allowing you to charge above market rates..
- benhurmarcel 3y agoI’m surprised this is legal in the US. In a lot of European countries, the landlord cannot raise the rent as he wants, there’s a maximum per year (usually a bit lower than official inflation).