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Re:Manhattan rents cross $5k threshold for first time by dionidium on Thursday July 14, 2022 @12:28PM (#32098158)
Technically true. I owner-occupy a duplex, so I maintain exactly one rental unit. Unfortunately for me, I'm too high in conscientiousness to be a cutthroat landlord and I keep dumping money into improvements without raising rents, even though I could easily do nothing and raise my tenant's rent hundreds of dollar per month in this market. What I would like is for my work on this property to mean something and for all my competition to lose their shirts in a market that wasn't artificially supply-constrained.

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