Rents set to continue rising sharply despite cost-of-living squeeze, experts say

Comments

• Aux@lemmy.world ⁨1⁩ ⁨year⁩ ago

  Reddit was praying that the government would make landlord life miserable so they would start selling the properties. And the government has listened! Brits got what they have asked for, enjoy!

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  • 13esq@lemmy.world ⁨1⁩ ⁨year⁩ ago

    It’s game theory.

    When a player is in a game where they’re losing and screwed no matter what decision they make, they’ll often make moves to try screwing over those who are winning even if it’s to their own detriment.

    That may be unintuitive to a player who is in a winning position, looking at a player that is losing, thinking “why are you doing this to me? you’re only making your bad situation worse!” But the loser may see this as the only form of satisfaction left available in the game.

    It’s actually incredible smart for those in winning positions to make sure that those in losing positions don’t feel too angry, disgruntled or hopeless.

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• raltoid@lemmy.world ⁨1⁩ ⁨year⁩ ago

  They don’t face any consequences, so why would they stop increasing it? They don’t care about people, they just care aboout themselves and their money.

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  • 13esq@lemmy.world ⁨1⁩ ⁨year⁩ ago

    The only consequence that you can deliver as a tenant is not renewing at the end of the contract and that most likely means having to find a new landlord to garnish your wages and paying all the costs of moving your belongings.

    The balance of power has been way to far in favour of landlords for far too long.

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