this post was submitted on 05 Oct 2023
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UBI works too (lemmy.world)
submitted 2 years ago by HonoraryMancunian@lemmy.world to c/memes@lemmy.ml
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[–] rockSlayer@lemmy.world 11 points 2 years ago* (last edited 2 years ago)

Unless you live in a city with rent stabilization, yes landlords will do that. Groceries will likely not have that problem, because of other market conditions. The first to increase their rents will be luxury apartments. Once the Internet is done laughing their asses off about $5000 rent, other landlords will use realpage to gauge the market and increase in tandem. Landlords literally do not care if their property is occupied, because the money is in the land and we've commoditized housing.