>All the landlords in my area have coordinated to raise rents 30% this year./

"Red states are based haha just move somewhere cheaper because of no regulations."

lol

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>rentcuck thought he would stop being a cuck in a different state
nope fag

Holy shit your country is fucked. How is this not illegal? In my eurocuck country they are only allowed to raise rents by like 2.5% each year.

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I live in a moderate sized Texas city and my rent increased by $20 a month

>b-but muh communism muh socialism
This is how.

Same rule in the Bay Area, 2.0% max rent raise per year.

Americans hate one another and derive pleasure from the suffering of their countrymen

get a mortgage
pay a fixed monthly bill for 30 years or less
capitalize on the time value of money
pay off debt when $1 = 1 sat

Holy shit you are an idiot. Inflation is now at 15% and rising. Do you expect landlords to just eat that? They won't. They can't. First, they will stop building rental units (which is one of the main reasons rent is so high in rent-controlled districts). Then they will start converting existing rental units into something else or just letting them sit vacant. Did you imagine that they rent their property to you because they enjoy having your smelly carcass shitting things up? They rent to you for profit. No other reason. Take away that profit and they will stop renting to you. And then you will get to live in government housing, at which point I will laugh.

>Do you expect landlords to just eat that? They won't.

So explain how the ones in Europe are pulling it off? Still building units and still getting pulled to court if they raise the rent above 2.5%.

test

I have no idea about Europe. It's irrelevant. But simple math should tell you that what you are describing cannot continue. What do YOU think? Is it because the European landlords are so nice they are willing to take a loss so impecunious shitlords like you can live off their wealth?

rule of thumb is for capex to be budgeted at 50% of gross rents. if inflation is 20%, you would expect a commensurate 10% increase in gross rents. anything more is jewish greed, textbook rent seeking behavior.

it is because rates are rising. my dad had to up the rent on all the houses he took a mortgage out for otherwise he would have to pay the difference from his own pocket. you don't have to continue renting there. perhaps find a different house/apartment or just live in a van and save money. sorry i jknow this sucks, but it can be a lot worse. at least you have a roof over your head.

I don't think so buddy. Lmao. I wouldn't have moved out if this was true. Fuckers raised it more than 40% in certain area of the San Frag. LA somehow manages to be even more insane. San Jose? Lol. Fuck that place.

That is based though. You're not a rentcuck are you?

The European landlords are just taking the loss because the law say so, that's what there is to it. And they prefer to still be renting even if the same money lost 20% of it's value because 80% is better than nothing. This is why laws exist, to protect the consumers and citizens

>But simple math should tell you that what you are describing cannot continue.

So why is it continuing? And why are they still building shitloads of units? Why don't they listen to burgers like you? Do they hate money?

Tax incentives, my brother has an apartment in France that he's supposed to rent out for like 5 years after buying it and he's getting a huge tax break from it. Basically, you're paying for it. No doubt it's being rented out to some brownies too

Landlording is not that common here, because a bunch of white trash/niggers/gipsies etc. can easily occupy the house you're renting if they have children or people with handicap (at least here in italy) and you can't kick them out by law.

Landlord here. Sent out a few dozen rent increases the last few weeks. Have to increase the rent by 75€ per month on average.

I only increased based on average market rent. If your rent is linked to consumer price index your fucked right now.

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