Jumpy-Natural4868 t1_j5uhg6c wrote on January 25, 2023 at 5:34 PM

Reply to comment by blondiebell in New tenants are getting screwed by blondiebell

If there was no profit motive, there would be no landlords and no housing to rent.

I'm not an unfettered capitalist myself, but it was quite nice for the landlord to limit rent increases for you during your time there, because it seems that the market was sending signals that the landlord could have raised the rent much more (and added fees) for the times you were there and renewed.

pierogie_65 t1_j5uk126 wrote on January 25, 2023 at 5:49 PM

you’re still thinking within the current system. capitalism demands that there be a ‘profit motive’ for every facet of our society. every sector, education, medical, housing… all profit oriented and are all degrading systems in the US. housing has become a get rich quick scheme and has driven more folks into houslessness, increased 3.1% since 2020. a lot of these folks are disabled and have income caps that will kick them off disability if they make over a certain amount, rendering them ineligible for a lot of housing opportunities. our current system will always place profit above people, and the result is every day folks like you normalizing and perpetuating that narrative.

pierogie_65 t1_j5ukmso wrote on January 25, 2023 at 5:53 PM

https://www.hud.gov/press/press_releases_media_advisories/HUD_No_22_253

blondiebell OP t1_j5ujexs wrote on January 25, 2023 at 5:46 PM

Profit itself isn't a problem, it's the degree that landlords are able to make profit at the expense of their tenants and society as a whole.

It's happening everywhere, price gouging is seemingly the norm right now because there are little to no checks in place to stop a business from charging what every they want. With something as important as housing it is leaving people desperate and sometimes even homeless.

I'm not ungrateful to feel I got a good deal, it's just important to me that more people see the reality of prices increasing this dramatically for renters. I can afford a house only because I got lucky on rent and could save, that feels like it will be near impossible for the very next person who lives there after me, it sucks.