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by subsuboptimal
1389 days ago
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No, I don't think you understand. I'm not charging below market rate, I'm charging at cost. Whatever it takes to maintain the building and provide utilities, etc. The space is worth, perhaps, $2400 a month. My last tenant paid $600 a month. She needed a place to stay for a year while she built up a down payment. Being able to stay with us meant she could save tens of thousands and she was able to embark on her own. Could I have charged $1000 and pocketed a little profit? Of course. But it would have come directly at her ability to succeed. I think that's deeply unethical. I think it's morally repugnant to profit from housing. |
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