Quote:
Originally Posted by Bunk
Probably taking advantage of someone. Probably gouging.
|
Maybe, but is that wrong? All business is about taking advantage of someone to some degree.
I ran my condo at a loss for many years because everyone and their dog bought presales of condos then after the market tanked they still had to close and then rented them for whatever they could get. Drove condo rents down, I was renting for something like 55% of what I was getting, my costs certainly didn't go down by that much.
Were the tenants taking advantage of me? Were they gouging me? In the same way that the landlord upping the rent because they can they are; they could go get another place or they'd take mine for cheap.
No one gets in the news about unethical tenants though.
Don't really have a point other than the line between "market" and "unethical" doesn't seem clear enough to easily comment on.