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by andyzweb 1831 days ago
Maybe not bought but we rented a house where the owner padlocked 2 bedrooms shut and said if we wanted to use them it was an extra $200 a month to use them as home offices.
1 comments

That's......beyond dumb. Like, if you don't pay him the extra $200, he's not extracting any extra value from these bedrooms. It's not like they can be rented to someone else in the meantime. So.....why do it in the first place?
A bit weird but there's at least an argument that there's some wear and tear associated with using the rooms and, presumably, the landlord thought that the slightly cheaper/smaller apartment--with a possible upsell--was more rentable.
If the rooms aren't used, they won't experience any wear and tear and they won't have to be cleaned again for the next renters.
Because he doesn’t lose anything, but has the possibility of gaining something.
He's definitely losing something. Property taxes are based on area and number of rooms. They could have found a tenant looking for the right number of rooms in their budget.
Or he advertised 1, 2, and 3 BR and took the first that came along.

You are assuming demand is equal for all of those. It might be in some places, but not others.

Unused capacity might be claimed as a business loss?