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Substantial-Floor926 t1_j9tkd8i wrote

All of the people I know who live in walk up buildings or rent from individual owners have not seen increases like this. It seems to be a luxury building thing. Don’t want these increases? Don’t like in a luxury building that has shareholders and huge debt to answer too

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MailenJokerbell t1_j9umqbn wrote

Yeah, after 2 years living in our apartment our landlord asked us if it was ok to raise the rent now or if we needed more time.

It was just 100 dollars.

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Mindless-Budget9019 t1_j9vpbyi wrote

What sort of landlord asks for permission. At a minimum rent should go up by inflation every year so that renters don’t get comfortable expecting no increases

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Ilanaspax t1_j9ul9m6 wrote

And yet all that is being built now is luxury housing…

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