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[-] TechNerdWizard42@lemmy.world -2 points 4 months ago

If you say you shall only raise by 5%, you will ALWAYS raise by 5%. Today it's 0% usually until a new tenant. Anytime there are forced amounts, you have to raise it because you can't when you need to

[-] KevonLooney@lemm.ee 4 points 4 months ago

Today it's 0% usually until a new tenant

Oh, you're serious. Let me laugh even harder.

[-] TechNerdWizard42@lemmy.world -3 points 4 months ago

I know no private landlords, not mega corps, that raise rent annually. A good tenant is worth lower rent.

With a forced limit, there will be guaranteed raises.

[-] KevonLooney@lemm.ee 2 points 4 months ago

Lol. You must live in the middle of nowhere or know some pretty lazy landlords. Raising the rent yearly is like number one on the list of being a landlord.

If other people are doing it too, where is the tenant going to go? You just match the same market price for a comparable unit. Same with decreases (if that happens).

[-] TechNerdWizard42@lemmy.world -1 points 4 months ago

Not at all. You just must be a shitty tenant.

[-] kandoh@reddthat.com 2 points 4 months ago

I live in a rent controlled building and from 2017 - 2021 my rent stayed the same, no increases.

[-] NotBillMurray@lemmy.world 2 points 4 months ago

Where the hell have you been living? When I was renting the rates increased at least yearly, if not more often.

this post was submitted on 16 Jul 2024
317 points (97.0% liked)

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