Re:Algorithmic price-fixing of rents is here
by Jensson on Saturday August 10, 2024 @09:54PM
(#41213502)
It isn't crazy, the value of the apartment is related to how high the rent is.
Think like this, if their asset is worth 400x the rent they would rather increase rent and give you temporary rebates than to ever reduce rent. Reducing rent by 100$ would cost them $40k, not something they would wanna do.
Re:Algorithmic price-fixing of rents is here
by positr0n on Sunday August 11, 2024 @01:27PM
(#41217786)
Is this really true? Any sane person buying a business or evaluating creditworthiness looks at revenue and expenses, not just "mmm ok 400x rent" and call it a day.
Think like this, if their asset is worth 400x the rent they would rather increase rent and give you temporary rebates than to ever reduce rent. Reducing rent by 100$ would cost them $40k, not something they would wanna do.