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by airstrike
564 days ago
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If you see a tenant starting to complain, like that one who’s been in your building for years, then sometimes the "best" (but evil) thing to do is just milk 'em for all they’re worth. You jack up the rent—ten times what they’re paying now. They ain't got no choice. Ain’t no place for them to go, so you just squeeze every penny outta ‘em. It’ll take ‘em years to find a new spot, so you got plenty of time to take all that cash in one big lump. And once you’ve wrung ‘em dry, you just tell 'em, 'Thanks for your business,' and throw 'em out. Nothing personal, kid. Just how the game’s played. |
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https://duckduckgo.com/?t=ffab&q=rent+uk+news&iar=news&ia=ne...
"My landlord's 34% rent rise felt like an eviction" - BBC on MSN.com|6 days ago
"UK households who rent face £200 being added to payments" - Birmingham Mail on MSN.com|12 days ago
"Rents now 'unaffordable' across most of the UK" - PropertyWire|5 days ago - "Monthly rents have been labelled 'unaffordable' in every region of the UK except for the North East, data from analytics company TwentyCi has revealed. The ONS [Office of National Statistics] defines a rental property as affordable if the median rent is 30% or less of the median income of private renting households."
"UK Cities See Rents Surge More Than 40% in Four Years" - Financial News|7 days ago
"Revealed - where rent has risen over 30% in the past year" - lettingagenttoday.co.uk|7 days ago - "The figures show that, across Britain, the average monthly cost of renting has increased by 8.7% over the last 12 months"
"UK tenants hit by highest inflation in September" - The Financial Times|5 days ago