So, I think a decade or so ago (maybe more), the bigger corpos went full mask off, and stopped even pretending they cared about anything but making more money. Screw the employees, screw the customer, screw the regulatory departments. Money only.
It seems this is filtering down to more and more businesses.
I am not sure how it is over there. Here in the UK the number of rental properties has dropped drastically. I suspect, it’s because of a few changes legally here that make it not quite so lucrative to buy-to-let any more. In any case, rather than bring house prices down, it just made the rentals still on the market go up in price. As an example today for my postcode there are over 80 properties for sale (excluding retirement/shared properties) and only around 10 for rent with the same filters. It used to be closer to half the number of rental properties up until around 5 or so years ago.
If there’s a seller’s (well landlord’s/renter’s I guess) market, they could for sure make people pay to get an edge on gaining an increasingly rare rental. It’s downright scummy. But, I expect nothing less any more.
So, I think a decade or so ago (maybe more), the bigger corpos went full mask off, and stopped even pretending they cared about anything but making more money. Screw the employees, screw the customer, screw the regulatory departments. Money only.
It seems this is filtering down to more and more businesses.
I am not sure how it is over there. Here in the UK the number of rental properties has dropped drastically. I suspect, it’s because of a few changes legally here that make it not quite so lucrative to buy-to-let any more. In any case, rather than bring house prices down, it just made the rentals still on the market go up in price. As an example today for my postcode there are over 80 properties for sale (excluding retirement/shared properties) and only around 10 for rent with the same filters. It used to be closer to half the number of rental properties up until around 5 or so years ago.
If there’s a seller’s (well landlord’s/renter’s I guess) market, they could for sure make people pay to get an edge on gaining an increasingly rare rental. It’s downright scummy. But, I expect nothing less any more.