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GoodHumor617 t1_isq6iym wrote

Reply to comment by Ponceludonmalavoix in Rent going up? One company’s algorithm could be why by anurodhp

Or, because they have to keep up with the INSANE inflation caused by (you guessed it) the politicians. Pols don't 'jack up' rents, they just 'appropriate' a few billions here and there for themselves and their friends.

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General_Liu1937 t1_isqzz3a wrote

That would be the case if rent was on pace with inflation. Which is not the case especially in cities like Boston.

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sweatpantswarrior t1_isre6rl wrote

Listen here, dumbfuck. Pre-COVID the company I worked for was tossing out 14% renewal bumps for leases expiring in the summer. In the winter of 2019 right up until March of 2020 we were doing 10%.

This was before the rampant inflation you want to use to justify it.

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