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A comment on “Your monthly rent .. shall increase from $2145 to $8900”. Parent comment

Re:“Your monthly rent .. shall increase from $2145 to $8900” by mmarx on Sunday March 15, 2015 @09:56PM (#9209281)
> The landlord was likely losing money keeping it rented at $2145 even if he owned it free and clear.

This conveniently omits the fact that there used to be two units in that house, so the actual rent would certainly have been closer to double that amount.

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Re:“Your monthly rent .. shall increase from $2145 to $8900” by TheHypnotist on Sunday March 15, 2015 @09:58PM (#9209294)
Judging by the series of downvoted comments in this thread, are you surprised? Apparently circumventing rent control is OK amongst the HN crowd.
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Re:“Your monthly rent .. shall increase from $2145 to $8900” by necrodawg on Sunday March 15, 2015 @11:37PM (#9209681)
Cause libertarians.
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Re:“Your monthly rent .. shall increase from $2145 to $8900” by TheHypnotist on Monday March 16, 2015 @08:59AM (#9211128)
Until their rent quadruples. I'd like to be there an here them say "Welp, free market dictates my rent going up 400% and that's okay!"
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Re:“Your monthly rent .. shall increase from $2145 to $8900” by jsprogrammer on Sunday March 15, 2015 @10:06PM (#9209324)
It also conveniently omitted any calculation about how the owner is 'losing money', despite there being a ~$14,000 positive difference between what the tenant is paying per year and the taxes due.
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Re:“Your monthly rent .. shall increase from $2145 to $8900” by WalterSear on Sunday March 15, 2015 @10:18PM (#9209375) 

    Nelson: Hey, look how much Skinner makes. 25,000 dollars a year!
    Bart: Lets see, he's 40 years old, times 25 grand.. woah! He's a millionaire!
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Re:“Your monthly rent .. shall increase from $2145 to $8900” by jsprogrammer on Monday March 16, 2015 @05:49AM (#9210572)
Do you imply that someone should be able to be a millionaire, or even 'rich', solely by collecting rent on real property? Real property that is apparently not even properly maintained?

Talk about market inefficiencies.

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Re:“Your monthly rent .. shall increase from $2145 to $8900” by pgwhalen on Sunday March 15, 2015 @10:30PM (#9209426)
It's a bit foolish to assume that a landlord's sole expense is property tax.
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Re:“Your monthly rent .. shall increase from $2145 to $8900” by blake_himself on Sunday March 15, 2015 @10:15PM (#9209363)
Losing, compared to what he could have been making.
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