"We have seen corporate landlords—who own a larger share of the rental market than ever before—use inflation as an excuse to hike rents and reap excess profits beyond what should be considered fair and reasonable."
Rent is inherently predatory and exploitative because it’s usually a commodity in a scarce housing market where the landowners can charge prices that generate a large profit margin over what it cost them. For example, a person who pays $1,500 a month to the bank for mortgage may be able to rent that out at twice the price, and usually to people who are economically insecure.
Rent is inherently predatory and exploitative because it’s usually a commodity in a scarce housing market where the landowners can charge prices that generate a large profit margin over what it cost them. For example, a person who pays $1,500 a month to the bank for mortgage may be able to rent that out at twice the price, and usually to people who are economically insecure.