Landlords Need to Raise Rents

rentLandlords need to put the rent up to cover the increases in their costs. While tenant advocacy groups may warn against rent increases – they are vitally important to the tenant and property owner alike.

The misconception is Landlords are greedy and they’re always looking for excuses to increase the rent. The opposite is usually the case where most Landlords absorb increases in costs for some time before setting even a minimum increase in rent.

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