Damn did Reddit just ban the entitled boomers favorite sub? Fuck these commenters
I’m getting the sense that some of these commentors are the same person.
What the fuck is with these comments about rent and value meals. Those prices were gonna increase regardless. Look the fuck around.
No idea, I hope they all belong to one instance so they can be easily defederated.
Go back to your shitty capitalist platforms if putting profits over people is something you agree with, you’re not welcome here.
Oh goodie, another excuse for landlords to raise rent.
Wouldn’t be an issue if we wised up and made rentseeking illegal.
They don’t need an excuse. In the absence of some other limiting factor they will raise rent to what the market can bear, and it turns out that when it comes to something with as severe a supply constraint as land has, the market can bear an awful lot.
In the absence of some other limiting factor they will raise rent to what the market can bear
This is literally what I’ve been saying from the very beginning. They charge what people are able and willing to pay.
No, not even close. Housing is a necessity. It’s not a new iPhone. You can’t just say “wow housing prices are way too high I guess I’ll fuck off to the forest.” This is already in the initial stages of systemic collapse. The lords will keep squeezing and raising prices, and more and more people are being left behind. You see this all over, notably in the rise of homelessness and tent-cities.
They raise the rent either way. If minimum wage was indexed to inflation since 1960’s it would be over 25 dollars.
20$ is still way too low. Workers produce more now than ever but get paid less than they did in the 60’s.
How can they raise the rent beyond what people are able and willing to pay?
Because they don’t give a shit. They’ll milk us all dry till we’re living 10 people in a 3 bedroom
But like, how can they milk us for more than we’re able to give?
Yeah, you can charge $100 billion for a studio apartment, but nobody is going to buy it.
The same logic is at play for raising rent. You can’t raise it beyond what people can pay, or else you’ll lose customers and make less money overall.
Not sure why this needs to be explained to you. You think they’re refusing to charge $100 billion for a studio apartment out of the goodness of their hearts? Lol. No. It’s market forces.
“Credit cards”
You still don’t understand, lol.
Even if people were relying on credit cards to pay, there’s still a limit that landlords would have to price around.
My god. This is why this generation sucks with money, lol. Most of you don’t have a clue what’s going on yet think you’re being clever.
Ahh well.
Ahh the good ol “this latest generation is terrible” that people have been parroting for literally centuries. 🙄
