Housing price didn’t ever go down in most cases because of hoarding, there’s no way leeches will ever decrease the rent.
Comment on Council housing when?
Empricorn@feddit.nl 5 weeks ago
Have you ever, in your life, received a rent decrease because they were matching the economic conditions…?
psx_crab@lemmy.zip 5 weeks ago
shortrounddev@lemmy.world 5 weeks ago
No, it’s because of a lack of new supply. Most houses are owned by the people who live in them, not land lords
shortrounddev@lemmy.world 5 weeks ago
The only reason rent would decrease in response to economic conditions would be if they started building tons and tons of houses and supply began to outpace demand. OR, your country were experiencing deflation, which is bad
WalrusDragonOnABike@reddthat.com 5 weeks ago
The only way I got that to happen is by putting in my two-month notice and then signing up for the exact same unit when they listed it. Didn’t even have to moveout and they ended up charging us the lower rate for the two weeks between our current lease ending and the new one starting.
marron12@lemmy.world 5 weeks ago
Were you pretty sure the price would go down, or did you just roll the dice? I’ve watched prices at the places I’ve lived, and they only ever seem to go up. As in, I’m paying $1600, about to get raised to $1800, and the unit next door is listed for $1900. But one place used RealPage, and I would bet the other one used something like that too.
WalrusDragonOnABike@reddthat.com 5 weeks ago
They had already went down by $400 for other units at the same apartment on the same floor. This was 2020, so covid lowered a lot of prices
Resonosity@lemmy.dbzer0.com 5 weeks ago
Big brain