JackieM@mekkaokereke @njudah @sanae but strictly speaking this doesn’t make economic sense right? If right now I’m charging $10/mo and in a year I can charge $150, it’s true that my $100 will cover the lost money, but I would be better off charging $10 until the market picks up and then raising my rent.
Maybe I just assume it will take a certain amount of time to find a renter willing to pay a higher amount and it’s worth holding out for that? But it’s weird to charge more than the market supports.
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