• bobman@unilem.org
    link
    fedilink
    arrow-up
    3
    arrow-down
    8
    ·
    1 year ago

    In the absence of some other limiting factor they will raise rent to what the market can bear

    This is literally what I’ve been saying from the very beginning. They charge what people are able and willing to pay.

    • whofearsthenight@lemm.ee
      link
      fedilink
      English
      arrow-up
      2
      arrow-down
      2
      ·
      1 year ago

      No, not even close. Housing is a necessity. It’s not a new iPhone. You can’t just say “wow housing prices are way too high I guess I’ll fuck off to the forest.” This is already in the initial stages of systemic collapse. The lords will keep squeezing and raising prices, and more and more people are being left behind. You see this all over, notably in the rise of homelessness and tent-cities.