Business & Finance » Renting & Real Estate » Rent is so expensive, why can't we force those apartment managers to lower the price of rent?

Rent is so expensive, why can't we force those apartment managers to lower the price of rent?

Rents and mortgages are really expensive if you looking for an Apartment or buying a Condominium nearby the city. Rents and Houses are more affordable several miles away from Downtown.

Rents reflect what landlords can get for their properties. If YOU can't afford it that's not their problem.

You can
As soon as you get local government to lower property taxestaxes
Just so you know the managers don't set rents, the owner does

for the same reason you can't be forced to give some nice person your car.

Basic economics. If you lower the rent below where owners can make a decent profit, they will sell out to condo developers and the remaining rentals will become even harder to find at any price.

No

The cost of employees is so expensive, why can't we force people to work for less?

If you think the cost of rent is too high, spend your own money and buy properties that you can rent at a price you think is correct

No u can't

If you think rent is expensive, try owning a home.

Yes, yes, we all know, "you're building equity." *eyeroll* Equity comes at a price. The reason people rent rather than buy is because it costs less.

If you can find one, limited equity co-op housing may be the answer for you.

Dot, as long as there is someone willing to pay the price, you have a problem. You can organize and boycott, but again - what the market will bear rules. Good luck.