• trailing9@lemmy.ml
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    1 year ago

    Landlords can increase as long as renters are able to pay more. If you remove the broker fees then there is room for higher rents.

    • surewhynotlem@lemmy.world
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      1 year ago

      As long as renters ‘are willing’ to pay more. It will take time for the market to adjust. While that happens people win out.

      • trailing9@lemmy.ml
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        1 year ago

        If you rent for 20 month, and pay one month as fee, you save 5%.

        How much over construction costs do landlords rent out their property?

        If rent can go down much more than 5% I wouldn’t focus energy on it but on other means to reduce rent.