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Re:People kept working, became healthier while on basic inco... by ethanbond on Thursday March 05, 2020 @11:40AM (#22495151)
Hypothetical landlord: “All my tenants are now earning an additional $1k per month and nothing prevents me from raising prices. But I won’t raise rents because... reasons.”
Re:People kept working, became healthier while on basic inco... by bo1024 on Thursday March 05, 2020 @01:57PM (#22496774)
Because the apartment next door would be $1000 cheaper and tenants would leave and go there.
Re:People kept working, became healthier while on basic inco... by AnthonyMouse on Thursday March 05, 2020 @12:17PM (#22495620)
Even where there are housing supply constraints, they still can't raise rents by the full $1000/month because that would give tenants $1000/month more incentive to move to a different city without housing supply constraints.