Author Topic: If rent is jacked up to discourage iffy tenants  (Read 466 times)

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Offline CC27

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If rent is jacked up to discourage iffy tenants
« on: September 28, 2025, 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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Offline CollectivismMustDie

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Re: If rent is jacked up to discourage iffy tenants
« Reply #1 on: September 28, 2025, 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: September 28, 2025, 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: September 28, 2025, 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: September 28, 2025, 04:59:00 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: September 28, 2025, 07:45:25 PM »
Sleepy Joe let in 20 million illegals and drove up the demand and therefore prices for housing.

Offline SVPete

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Re: If rent is jacked up to discourage iffy tenants
« Reply #6 on: September 29, 2025, 08:38:15 AM »
Sleepy Joe let in 20 million illegals and drove up the demand and therefore prices for housing.

 :hi5: More particularly, the increase in demand was for low-end housing.
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Offline jukin

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Re: If rent is jacked up to discourage iffy tenants
« Reply #7 on: Today at 02:39:24 PM »
First rental rates are jacked up for three main reasons:

1. Government laws that are ridiculously weighted to the renter side of the equation.

2. Government laws that make the landlord the renters guardian and de facto parents.

3. Government laws that restrict the amount of rental housing being built and triples the price of building them.

So it all boils down to one big DUmbass reason, Government. The thing all DUchebags want more of.
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