Have you ever, in your life, received a rent decrease because they were matching the economic conditions…?
The only way I got that to happen is by putting in my two-month notice and then signing up for the exact same unit when they listed it. Didn’t even have to moveout and they ended up charging us the lower rate for the two weeks between our current lease ending and the new one starting.
Big brain
Were you pretty sure the price would go down, or did you just roll the dice? I’ve watched prices at the places I’ve lived, and they only ever seem to go up. As in, I’m paying $1600, about to get raised to $1800, and the unit next door is listed for $1900. But one place used RealPage, and I would bet the other one used something like that too.
They had already went down by $400 for other units at the same apartment on the same floor. This was 2020, so covid lowered a lot of prices
The only reason rent would decrease in response to economic conditions would be if they started building tons and tons of houses and supply began to outpace demand. OR, your country were experiencing deflation, which is bad
Housing price didn’t ever go down in most cases because of hoarding, there’s no way leeches will ever decrease the rent.
No, it’s because of a lack of new supply. Most houses are owned by the people who live in them, not land lords
Build more housing.
Most cities are regulated to prevent more housing being built. You should definitely read on the works of Strong Towns, and similar groups, and how you can help change the landscape of your city
Their website is great and has a ton of details https://www.strongtowns.org/
Doesn’t work if landlords just buy that too.
Needs proper regulation
You’re wrong, building more housing is THE solution. The vast majority of homes are owned by people who live in them, not landlords. Building more housing is literally the ONLY solution.
That entirely depends on where you live.
Your statement that the vast majority of homes are owned by the residents is not true where I live.
Blanket policies don’t work, governments need to implement regulation that recognises the nuance of different markets.
But also yes, build more homes too
Build more homes. A lot of housing regulations tend to make things worse
There need to be apartment building co-ops.
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The core problem is consumerism. The idea that if you have more, then you should get more and spend more while complaining you don’t have enough.
This.
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That’s not really true, per Smithian capitalism but Smith also called landlords parasites so
“It’s the market” is another way of saying “because I can”.
They don’t have to raise the rent to match the market, the market is simply a signal to them that if they lost you by raising the rent, they could potentially replace you for the same or higher rent.
They could ignore that and leave your rent alone. They don’t. It’s a choice.
Lol my landlord literally told me that
It’s a Wikipedia day, today.
Property tax needs to go up exponentially with the quantity that you own
They actively colluded through price-fixing software, and very little is done about it.
Lina Khans FTC sued them, but you can bet that will be quietly dropped soon.
I wish something could be done about this.
If only a hero could rise up…
I mean, every year my rent increases and my pay doesn’t (not every year). So every year I have less to spend each month.
The thing that pisses me off is that I’m not Asking to be able to afford a house. I already gave up on that a long time ago. I’m only asking to be able to stay at a place that I’ve been living in for 10 years. And by the way, moving is also super expensive. On top of that, let’s say I did move to a place where the rent is cheaper initially, the rent is gonna be increasing every year there too.
I’m just trying to live a stable, modest life without having a panic attack every time I see her, no tape to my door (which usually signifies a rent increase notification).
I really wish something could be done about this.
I’m fully with you. I just want to have a roof over my head, have some time for hobbies, and be able to afford cheese at the supermarket. Alas, apparently we’re asking for too much! How very selfish of us.
Would you be willing to do it in a town of 3,000 people?
If you have to move to bumfuck nowhere to afford food and housing, the system isn’t working
Have you heard of supply and demand?
This is where your entitlement kicks in. You think that you should magically get access to high-value, low-supply properties before the people living in the areas you deem “not good enough” for you. You already have more than the people living in these areas, yet you think you deserve even more before them.
Greed. Entitlement. Consumerism. Name three bigger pillars of the modern liberal. (and don’t say empathy, you people care more about your money and social status than actually helping others.)
And you’re going to get mad at anyone who calls it out.
Omg wow ty for explaining basic economics to me!! Where ever would a poor little girlie like me be without your words of wisdom! You’re so right tho, I’m soooo entitled!!! Can you IMAGINE wanting a place to sleep and eat?! The fucking audacity of it.
Great advice btw all the povos struggling to make ends meet should use the savings they don’t have to quit their jobs in the city and move to a “town of 3000” where they can be jobless, without a support network (because poor people famously don’t have dependants and can just fuck off anytime) AND be poor!! Fantastic advice king.
Also empathy is woke and real men would rather kill themselves than ask for help 🥰 that sound about right to u?
I keep telling my friends rent is going up every 2 years.
Looks like it’s about that time.
Wait? There’s NZ memes /community here?
Also peak meme!
I was about to say, that landlord looks super familiar
So odd seeing ‘the human thumb’ here. NZ is an embarrassment and this twat is NOT helping
Sorry, I’m new here. Apparently I haven’t enabled my notifications.
But yes it is embarrassing, for him and for us
Look, what I’d say to you is, that we are laser focussed on delivering outcomes that synergise with our plan to get on with undoing the housing crisis the Labour created.
I use these memes to gradually radicalize my friends and family 👍
