Re:Rising Rents Are Pushing More Tenants Past the Breaking P...
by foldr on Thursday October 26, 2017 @07:28PM
(#15564174)
It's not "housing where one most prefers" in this instance, it's "housing where you're already lived for years, and where your children go to school".
[ Parent
| on HN ]
Re:Rising Rents Are Pushing More Tenants Past the Breaking P...
by toasterlovin on Thursday October 26, 2017 @11:38PM
(#15565539)
Honestly, counting on being able to rent a single family home for an extended period of time is insane. That they were able to live there for over a decade makes them an outlier. Most single family homes are owned by individuals. Individuals and/or their heirs often need liquidity, so rental houses are way more likely to change hands than apartment buildings.
Re:Rising Rents Are Pushing More Tenants Past the Breaking P...
by foldr on Friday October 27, 2017 @06:01AM
(#15567008)
Who said they were counting on it? The point is that this is a problem that could be ameliorated by simple regulations. In NYC, for example, it would not be possible to increase someone's rent by 100%.