I’m a landlord, have been for over a decade. I keep my rent as low as possible and during peak covid gave my tenants many months free, etc. I barely make a profit on the place, just enough to convert expenses mostly and some to buffer for the future.
Everyone around my property is raising rent like crazy. I’m almost half the market rental rate right now, and my tenants are (obviously) hesitant to leave because it’s cost them at least twice as much to move anywhere else.
Point being, shit is crazy right now, even for those of us trying to do the right thing. I don’t know wtf is going to happen next, but this isn’t sustainable.
Thank you for your honestly and for being a good person. You’ve really shown that this whole problem is a choice made by people trying to exploit a needed resource. This is basically the housing version of buying all the toiler paper at Costco.
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I’m a landlord, have been for over a decade. I keep my rent as low as possible and during peak covid gave my tenants many months free, etc. I barely make a profit on the place, just enough to convert expenses mostly and some to buffer for the future.
Everyone around my property is raising rent like crazy. I’m almost half the market rental rate right now, and my tenants are (obviously) hesitant to leave because it’s cost them at least twice as much to move anywhere else.
Point being, shit is crazy right now, even for those of us trying to do the right thing. I don’t know wtf is going to happen next, but this isn’t sustainable.
Thank you for your honestly and for being a good person. You’ve really shown that this whole problem is a choice made by people trying to exploit a needed resource. This is basically the housing version of buying all the toiler paper at Costco.