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
“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.
Abolish Capitalism When?
The core problem is capitalism, landlording is merely a symptom of capitalism.
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That’s not really true, per Smithian capitalism but Smith also called landlords parasites so
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This.
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.
Lol my landlord literally told me that
Wait? There’s NZ memes /community here?
Also peak meme!
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
I was about to say, that landlord looks super familiar
I use these memes to gradually radicalize my friends and family 👍
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.
Build more housing.
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
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/
It’s a Wikipedia day, today.
There need to be apartment building co-ops.
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.
No one is forcing you to raise your prices you cunt.
Not necessarily true. There are powerful cultural forces at play that they’re not willing to acknowledge, yet alone overcome.
We’re kind of in the same boat. We think that if we have more, then we deserve more before those who have less. That’s just what these people are doing, only they’re doing it way better than us.
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“Everyone elses profits” means other landlords and property owners, not people who plan on living in their home.
Why does being a landlord need to be profitable? Why does being privlaged enough to own a human right come with the right to free money?
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I keep telling my friends rent is going up every 2 years.
Looks like it’s about that time.
