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Wait, how many people have rents locked in from a previous era? The vast majority of rental agreements I'm aware of renew every year or so and the landlord is f
by rurp 1y ago
Wait, how many people have rents locked in from a previous era? The vast majority of rental agreements I'm aware of renew every year or so and the landlord is free to charge market rate at that point. Older generations get hit with high rent the same as Gen Z.
No argument on housing prices. It's crazy how high they are in a lot of cities relative to the median salary.
- jandrese 1y agoRent controls exist, although they're mostly a legacy thing now.
- SecretDreams 1y agoYes.. and who benefits most from favourable legacy policies? Older gens.