this post was submitted on 13 Sep 2023
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If there were more available units, you could leave and go to one with better maintenance. There'd be actual competition between landlords to keep tenants.
Not ideal, obviously, since moving is a pretty big life event. I'm not saying increasing supply is the solution to every problem with landlords. Being allowed to withhold partial rent if common elements are broken would probably be a better solution in this particular instance.
Bruh I'm in a rent controlled unit, i had to jump through a shit ton of hoops to get approved for, I ain't goin Knowhere till I no longer qualify for this unit. What you are recommending is the equivalent of a bandaid solution for a wound that needs a tourniquet...
With competition, other units will be cheaper. Units will be rented for production costs. Competition is not a bandaid but the solution.
Lmao you can't be serious?! Where is this competition right now and why aren't they completing currently competing?
There are many obstacles like complex building codes, limited supply of building sites, credit requirements or limited public transport. Reduce them, respectively increase public transport, and more people have an opportunity to spend their money on real estate with the expectation of profits.