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Author Topic: If rent is jacked up to discourage iffy tenants  (Read 212 times)

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Offline CC27

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If rent is jacked up to discourage iffy tenants
« on: Today at 11:42:30 AM »
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Marthe48

If rent is jacked up to discourage iffy tenants

Why don't landlords reduce it after a credit check shows you are reliable?

Aside from so many people working multiple jobs to pay rent, the price to rent (or buy) is way too steep even for people with 2, 3 or more jobs.
The way things are, the working poor are disenfranchised by the naked greed of the system. And it's not getting better for anyone.

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Where to begin with this pile of crap of a post..🙄
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Offline CollectivismMustDie

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Re: If rent is jacked up to discourage iffy tenants
« Reply #1 on: Today at 11:49:16 AM »
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And it's not getting better for anyone.



I'd argue that it IS getting better, generally, for folks who make good decisions.

I'd also argue that DUmmies generally aren't among those folks.
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Offline SVPete

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Re: If rent is jacked up to discourage iffy tenants
« Reply #2 on: Today at 01:04:35 PM »
Putting the incoherent bits and pieces into a probable scenario, Marthe48 is house/apartment hunting, is surprised by market rental rates, ASSumes they are jacked up out of greed and to ward off undesirable tenants instead of rates that provide a reasonable profit after mortgages, taxes, upkeep, regulations compliance costs, and occasional deadbeats.

If I were a landlord and knew about Marthe48's attitude, there is no way in Hades I'd rent to him/her. (S)He would all but certainly turn out to be the tenant from Hell.
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Offline DLR Pyro

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Re: If rent is jacked up to discourage iffy tenants
« Reply #3 on: Today at 01:49:35 PM »
It's not a landlord's responsibility to make housing affordable for all.  The market will decide if the landlord is asking too much and cause a drop in the rental price.
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Offline Ralph Wiggum

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Re: If rent is jacked up to discourage iffy tenants
« Reply #4 on: Today at 04:59:00 PM »
Quote from: DLR Pyro on Today at 01:49:35 PM
It's not a landlord's responsibility to make housing affordable for all.  The market will decide if the landlord is asking too much and cause a drop in the rental price.

Bingo. Thankfully I've never been in a "rent control" arrangement, but it sounds truly awful. I'm going to even borrow and agree with what Paul Krugman said (via Wikipedia):

In 2000, New York Times columnist and Princeton University economist Paul Krugman published a frequently cited column on rent control.[111] He wrote, "The analysis of rent control is among the best-understood issues in all of economics, and – among economists anyway – one of the least controversial. In 1992, a poll of the American Economic Association found 93 percent of its members agreeing that 'a ceiling on rents reduces the quality and quantity of housing."

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Offline DUmpDiver

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Re: If rent is jacked up to discourage iffy tenants
« Reply #5 on: Today at 07:45:25 PM »
Sleepy Joe let in 20 million illegals and drove up the demand and therefore prices for housing.
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