Quote:
Originally Posted by Slava
At what point is it gouging and at what point is it just business? If I buyback property to rent it out and want a profit, how much is it ethical to make?
|
It's also a cyclical thing. When the economy crashed in Alberta during the 80's rents were very cheap with landlords suffering losses. The economy recovers years later and the same landlord tries to recoup his losses via rent increases and is accused of gouging.