this post was submitted on 10 Aug 2024
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Always have to consider inflation when comparing money from different eras. $700 would be $1164 in 2024 dollars. Still more than twice. Maybe the demand driving up the price justifies the rest?
What is criminal is when all properties in an area regardless of location or view are artificially raised beyond their realistic value, forcing out many who had been living there already. Can't say if this is an example of that or not.
What's criminal is being required to pay a landlord for access to a basic human right
This could go into a deep hole that I don't want to get into, but while I agree with you in principle, I also think that the property owner still has their own bills to pay (property taxes and such), that should also be paid. So rather than have housing as a free right, I tend to look more towards UBI or other solutions to aid the renter in keeping that home, while also keep taxation and other costs low for the landlord. AND maintaining regulation to keep housing prices down as well. It's a complex problem and no simple answers. (which it why I wanted to state my point while not getting too far into it :) )
Maybe the landlord could cut out the avocado toast, or get a job.