[hn_20591249]

I got a rental raise for a 1 bedroom in Bushwick from $2700 to $3500.

I told them this was unreasonable for the area, but they refused to budge on the price, offering a paltry $50 discount.

That apartment eventually got re-rented for $2700 according to StreetEasy as they couldn't find tenants at the price point they (or the "algorithm") wanted.

[HDThoreaun]

Many people are willing to pay more to not move, especially if they're in a walk up. Forcing returning tenants to pay more seems like one of the first moves landlords would try.