Submitted by recklessmax80 t3_11mvz4l in jerseycity
recklessmax80 OP t1_jbkqetj wrote
Reply to comment by blondieboo12 in Newport Rental Crazy Price Increase 20-25%+ by recklessmax80
Yes i hears that all big property managers used the same third party system to determine future rents which is biased based on house affordability towards generating highest profits for them and make it sounds the normal rent across everyone for that area
Although im open for landlord to make profit off their properties this is like taking undue advantage akin to some retailer who were selling masks during the pandemic at ridiculously high prices (price gouging) because of supply chain issues until the government intervened
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