Have you ever, in your life, received a rent decrease because they were matching the economic conditions...?
The only way I got that to happen is by putting in my two-month notice and then signing up for the exact same unit when they listed it. Didn't even have to moveout and they ended up charging us the lower rate for the two weeks between our current lease ending and the new one starting.
Were you pretty sure the price would go down, or did you just roll the dice? I've watched prices at the places I've lived, and they only ever seem to go up. As in, I'm paying $1600, about to get raised to $1800, and the unit next door is listed for $1900. But one place used RealPage, and I would bet the other one used something like that too.
They had already went down by $400 for other units at the same apartment on the same floor. This was 2020, so covid lowered a lot of prices
Big brain
Housing price didn't ever go down in most cases because of hoarding, there's no way leeches will ever decrease the rent.
No, it's because of a lack of new supply. Most houses are owned by the people who live in them, not land lords
The only reason rent would decrease in response to economic conditions would be if they started building tons and tons of houses and supply began to outpace demand. OR, your country were experiencing deflation, which is bad
"It's the market" is another way of saying "because I can".
They don't have to raise the rent to match the market, the market is simply a signal to them that if they lost you by raising the rent, they could potentially replace you for the same or higher rent.
They could ignore that and leave your rent alone. They don't. It's a choice.
Look, what I’d say to you is, that we are laser focussed on delivering outcomes that synergise with our plan to get on with undoing the housing crisis the Labour created.
No one is forcing you to raise your prices you cunt.
I use these memes to gradually radicalize my friends and family 👍
Wait? There's NZ memes /community here?
Also peak meme!
So odd seeing 'the human thumb' here. NZ is an embarrassment and this twat is NOT helping
Sorry, I'm new here. Apparently I haven't enabled my notifications.
But yes it is embarrassing, for him and for us
I was about to say, that landlord looks super familiar
Lol my landlord literally told me that
I wish something could be done about this.
If only a hero could rise up..
I mean, every year my rent increases and my pay doesn’t (not every year). So every year I have less to spend each month.
The thing that pisses me off is that I’m not Asking to be able to afford a house. I already gave up on that a long time ago. I’m only asking to be able to stay at a place that I’ve been living in for 10 years. And by the way, moving is also super expensive. On top of that, let’s say I did move to a place where the rent is cheaper initially, the rent is gonna be increasing every year there too.
I’m just trying to live a stable, modest life without having a panic attack every time I see her, no tape to my door (which usually signifies a rent increase notification).
I really wish something could be done about this.
I’m fully with you. I just want to have a roof over my head, have some time for hobbies, and be able to afford cheese at the supermarket. Alas, apparently we’re asking for too much! How very selfish of us.
I would also like to add that I earn above a minimum wage. It’s by no means a stellar income, but it’s decent. On top of that, live with my mom, so we split the rent! And somehow I’m here stressing over whether I’ll be able to afford my place of residence a few years from now. This is not okay. I really want there to be some change, but I don’t know what can be done.
100%
A real bro
A super bro
A super Mario bro
Super Mario's bro
Build more housing.
Most cities are regulated to prevent more housing being built. You should definitely read on the works of Strong Towns, and similar groups, and how you can help change the landscape of your city
Their website is great and has a ton of details https://www.strongtowns.org/
Doesn't work if landlords just buy that too.
Needs proper regulation
You're wrong, building more housing is THE solution. The vast majority of homes are owned by people who live in them, not landlords. Building more housing is literally the ONLY solution.
That entirely depends on where you live.
Your statement that the vast majority of homes are owned by the residents is not true where I live.
Blanket policies don't work, governments need to implement regulation that recognises the nuance of different markets.
But also yes, build more homes too
Build more homes. A lot of housing regulations tend to make things worse
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