Re:Inflation rose 9.1% in June, even more than expected
by qwerpy on Wednesday July 13, 2022 @04:31PM
(#32088373)
I never consider my own costs when choosing how to price a rental. I will always charge market rates. If market rates are higher than my costs, great. I won't lower my rates, I'll just pocket the extra money. Similarly if market rates are lower than my costs, I can't just stubbornly keep the rates high. No one will rent from me. If that goes on for a long time I'll decide it's a non-performing asset and sell it.
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Re:Inflation rose 9.1% in June, even more than expected
by JumpCrisscross on Wednesday July 13, 2022 @06:05PM
(#32089333)
I called myself out as a marginal source of supply. I love my renovations. I don’t need the cash. If a lease can’t cover my costs, altogether, I would prefer to not rent and not risk the damage.
Input costs eventually filter to the outputs.