Quote:
Originally Posted by JiriHrdina
Many landlords lost money for years because the soft rental market didn't allow them to raise rents to match inflation. When this happened I'm certain renters weren't knocking on their doors to offer more rent to cover these costs.
For many landlords this market is an opportunity to recover some money from previous soft markets. I don't see it as gouging but rather just good business.
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Lost money? I have a hard time believing that. Maybe they only just broke even, but I doubt they lost money.
Now they are probably mostly making a fortune off of people who now struggle to get by.
It's not right, sorry. Needs to be fixed.