joedev007

joedev007 t1_itpi9cy wrote

you're assuming that a good part of the increases are not...

  1. to invest more money in developing the property/properties held by this landlord.
  2. to fund capital improvements (in ground pool, led lighting, solar panels, tesla power walls, new playground)
  3. to filter who lives there by way of turnover
  4. to fund the landlord's lifestyle. it costs time and effort to manage a property, offset the non-payment tenants losses, legal, advertising of properties, etc.

imagine IF you applied your logic to concert tickets, weed, sneakers, alcohol...

Holy cow it's America and landlords want to live the same lifestyle the people you pay to see at lollapalooza or sportsball do

LOL

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joedev007 t1_itp9vay wrote

"if my landlord loses enough money renting to me...

AND the prices are held artificially low by ignorance of market conditions, demand and value...

for LONG ENOUGH...

One day I will be treated fairly..."

it's a hard argument to make. you should want your landlord to charge you the proper amount for the market you are renting in - so every single thing THAT WILL COME UP is taken care of without hesitation. From new sidewalks without cracks our seniors can trip over, to new hot water heaters, air filters and central air...

the cheap/broke renter is the "I want to fly a discount airline that skips maintenance" argument.

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