"We have seen corporate landlords—who own a larger share of the rental market than ever before—use inflation as an excuse to hike rents and reap excess profits beyond what should be considered fair and reasonable."
  • MasterOBee Master/King@lemmy.world
    3·
    1 year ago

    Why’s my rent gotta go up every year, in spite of no actual improvements to my home or the facilities?

    Interest rates increasing, property taxes increasing, market rate going up, materials to provide improvements and maintenance increasing, inflation.

    • RubberElectrons@lemmy.world
      2·
      1 year ago

      Not itemized, made clear to tenants, or asked for. Lack of transparency hurts all those valid points, and we’ve all, all, had bad landlords at some point.

      Only quality legislation has protected me the few times I’ve had to tangle, anecdotally.

      • MasterOBee Master/King@lemmy.world
        1·
        1 year ago

        Not itemized, made clear to tenants, or asked for. Lack of transparency hurts all those valid points,

        Why does that matter? Is your local grocery store transparent about the cost of chicken? No, because nobody is forcing you to pay for it. You pay for a service at an agreed upon price, if you don’t want it don’t buy it.

        all, had bad landlords at some point.

        I personally haven’t, the worse landlords I’ve had were at an upscale apartment complex that got mad because I hung an American flag. Once again, it’s up to you if you want to pay for the service provided by said landlord. Just like if you pay a plumber and they’re mean to you, you probably won’t go to them next time.

        • afraid_of_zombies@lemmy.world
          2·
          1 year ago

          The law, in its majestic equality, forbids the rich as well as the poor to sleep under bridges, to beg in the streets, and to steal bread