Comment by 59percentmore
4 hours ago
Rental prices are set at the edge, so you only need to own a fraction of the market to drive rent increases. Corporate landlords absolutely do this.
4 hours ago
Rental prices are set at the edge, so you only need to own a fraction of the market to drive rent increases. Corporate landlords absolutely do this.
The "mom and pop" landlord who owns a few houses is much less likely to keep a property vacant to support higher rents. They have taxes, insurance, and probably debt to pay off. They need cash flow; they'll be more likely to cut their rent a bit to get a tenant.