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this post was submitted on 22 Oct 2023
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chapotraphouse
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Often there are limits to how much a landlord can raise the rent. And there are software programs and consultants and landlord groups egging each other on to raise prices.
So they kick out the tenant thinking they can triple the rent, but since they have no actual knowledge of the market like a large scale real estate management company they outprice anyone who'd actually rent out.
Either that or it's tax evasion.