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by jjeaff 2377 days ago
Interesting. I've heard the opposite. Charge more money assuming that higher income individuals tend to have more to lose when it comes to apartment damage or getting evicted.
2 comments

I still think money isn't the only factor.

A poor family can make better tenants because they need the place to function and need a stable home. A rich college student with rich parents will sue you to death over anything if they choose to break the lease or a dispute arises.

It's about location.

Anybody who's heard or increased the rent like that must be in a rather prime location, definitely not in the country side for sure (little jobs and little tenants there).

That solves the slightly different problem of having too many bad tenants.