That would be true of landlords didn’t also know that and, in turn, redline rent to the maximum tenants can possibly pay.
I don’t know about the US specifically, but In Canada, investors big and small have bought up all the rental stock and rents are now maxed out beyond what many people can pay.
Big rental companies/STR companies and PE firms that also dabble in both drive up the cost of neighborhoods far more than typical landlords. Landlords are usually an issue for driving the value of a building down due to refusal to fix anything that isn’t absolutely about to kill someone - and even then they often don’t until an assessor or someone identifies it and makes threats.
Don’t get me wrong, landlords are an issue too. But my first comment I said renters need more rights. That’s me saying they need protection from greedy/negligent landlords as well.
That would be true of landlords didn’t also know that and, in turn, redline rent to the maximum tenants can possibly pay.
I don’t know about the US specifically, but In Canada, investors big and small have bought up all the rental stock and rents are now maxed out beyond what many people can pay.
Big rental companies/STR companies and PE firms that also dabble in both drive up the cost of neighborhoods far more than typical landlords. Landlords are usually an issue for driving the value of a building down due to refusal to fix anything that isn’t absolutely about to kill someone - and even then they often don’t until an assessor or someone identifies it and makes threats.
Don’t get me wrong, landlords are an issue too. But my first comment I said renters need more rights. That’s me saying they need protection from greedy/negligent landlords as well.