Quote:
Originally Posted by FlamesAddiction
I mentioned this before, but aren't their already laws in place, at least in some jurisdictions, that regulate rent increases?
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These laws can protect people in existing leases at least for a little while. But looking at the general economy, over the medium term and over thousands of rental agreements and condo/apartment sales and transactions, rents will move higher.
As very hypothetical, if I have 1 rental condo and regulations don't let me raise rent, I can sell that condo and buy a new one, and with my new tenant I can charge however much I want.