One could almost call this a perfect storm?
Electricity prices and interest rates are competing to shoot upwards.
I’ve been thinking that landlords might have a tough time, since it is supposed to be 21 degrees indoors according to the Public Health Agency, and I also don’t think you can fully compensate for rising interest rates and electricity prices with the rent as you want. Partly due to negotiations but also the fact that wages are not increasing, everything is getting more expensive, etc., so tenants simply don’t have the means?
Sure, you can then evict the tenant but the pool of potential residents probably won’t get any bigger?
08:59
One could almost call this a perfect storm?
Electricity prices and interest rates are competing to shoot upwards.
I’ve been thinking that landlords might have a tough time, since it is supposed to be 21 degrees indoors according to the Public Health Agency, and I also don’t think you can fully compensate for rising interest rates and electricity prices with the rent as you want. Partly due to negotiations but also the fact that wages are not increasing, everything is getting more expensive, etc., so tenants simply don’t have the means?
Sure, you can then evict the tenant but the pool of potential residents probably won’t get any bigger?