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by al_borland
884 days ago
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This should be illegal. I lived in apartments like this as well, they would increase the rates for existing tenants while giving lower rates to new tenants. I’d also move out when they tried to pull this, just out of spite. I have always heard that it’s cheaper to keep an existing client than to acquire a new one. Apparently these places don’t realize that. They don’t need to pay for advertising when they are filly booked up with people paying the market rate, nor do they need to do all the extra work invoiced in signing someone up or moving them out. I don’t own or operate a business, so maybe I’m talking out of my butt, but these people strike me as bad business owners who are chasing the wrong metrics. |
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It isn't nefarious, and you do your part by being willing to move instead of pay the higher price. It's all just the way the capitalist market works.