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by ben_w 2867 days ago
I own property which is currently collecting rent.

The rent is set by the market — if I charged a million bucks a month (it’s a one bed flat) it would be empty.

No matter what my costs are, the number chosen by my agent has to be both “as high as possible” and “no higher”.

I do know the government can mess up and if you Google “rent controls” the standard downsides there are real problems if the government goes too far — but there is room to improve the current unreasonable (in my favour) mess.