Adam Smith also pointed this out.
Unfortunately we live in a system that makes them necessay, like taking a shit is necessary.
And alas we don't vote enough for folks who might like to try to chanhe things to something like Vienna.
this post was submitted on 21 Oct 2025
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I had a contract with yearly price adjustment that lasted 3 years. We updated the price on January and in February there was A LOT of inflation in my country so I did get "cheap" rent for that year. When the end of year was approaching we made the math and the new total was outside what we could realistically pay so we ended the contract (paying the respective fees) and she tried to guilt trip us saying how much she had LOST because we adjusted on January.
Good luck with that. I'm not feeling sorry for someone who sits on her ass all day and expects money to just show up on her account. She didn't even fix shit that was going to cause permanent structural damage to the house
I think sometimes renting is a good option if you're just living somewhere temporarily and don't want to have the hassle of buying and then selling the apartment. And of course people and companies building houses to gain revenue by renting brings in investment in developing land and real estate. It's just that some ridiculous revenue expectations drive the rent way over what is reasonable. I think in many cases it would help to zone more apartment building.
companies building houses to gain revenue by renting brings in investment in developing land and real estate. It's just that some ridiculous revenue expectations drive the rent way over what is reasonable.
how about they build to sell??? Why do they need a stream of money in perpetuity for a one-time investment?
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Yeah the price for rent should be the amortized cost of upkeep/renovation + some salary to the landlord that is reasonable for the actually work done (which is usually very little).
It should never be enough to pay back a loan the landlord took out to buy the property in the first place.
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