Comment | >I know its the going rate but it's hugely unfair. In my experience as a tenant it's a slippery slope. As soon as one property rents at an exorbitant rate others in the area follow rapidly behind.
That's the opposite of unfair though surely?
The other properties are ramping up also just because one is, it's because the market is setting the rate and all properties increasing by the same amount are verifying the market as being right.
The landlords aren't really your problem here, rampant inflation is. It's not just rents that are increasing rapidly, it's everything as we need inflation to pay for the government's spending over COVID. |
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