james on Nostr: *adjusted for inflation? I bet not. The way to get around this is to simply not renew ...
*adjusted for inflation? I bet not.
The way to get around this is to simply not renew leases and get a new tenant each year. Can't be called a price increase if its the first price. And/or it'll kill the improvement and renovation market, too. No use dumping a ton of cash into a place if you'll never see an inflation adjusted return.
If a place needs a new roof, a landlord is already hesitant to get it done, and this will make it far worse.
On the other hand, maybe this will be the catalyst to crash the housing market and make buying and owning somewhat affordable-ish.
The way to get around this is to simply not renew leases and get a new tenant each year. Can't be called a price increase if its the first price. And/or it'll kill the improvement and renovation market, too. No use dumping a ton of cash into a place if you'll never see an inflation adjusted return.
If a place needs a new roof, a landlord is already hesitant to get it done, and this will make it far worse.
On the other hand, maybe this will be the catalyst to crash the housing market and make buying and owning somewhat affordable-ish.