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Why should renters be "immune" from the fact that the property they occupy is suddenly worth a lot more? This is the gamble you take when you choose to rent rat
by planetguy 14y ago
Why should renters be "immune" from the fact that the property they occupy is suddenly worth a lot more? This is the gamble you take when you choose to rent rather than buy.
Besides, price booms are the natural result of demand outstripping supply. If rents don't go up to reflect this fact, then how do you cope with the fact that the number of people who want to live in San Francisco outstrips the number of people who can fit into San Francisco?