Understanding the Impact of Rent Nonpayment on Small Landlords

Their property taxes have soared with higher mil rates and escalating property values, utilities have gone up, repairs and maintenance have more than doubled, insurance has risen. Bottom line their costs have increased so if you object to paying more, what You're really demanding is for them to subsidize your cost of living. Also if rents are fixed and property development costs more, the supply of new rental properties will decline putting further upward pressure on rents.

Hold on. A smart established property owner is someone that bought a property 10 or 20 years ago when real estate was half the price and financing was nothing. And now they prob owe nothing. Or it was they first home or whatever. If you cant afford to keep this asset and use it as a business then i guess you should sell it. And if you just broke into this current inflated real estate market with awful interest rates, then you are fool and picked the wrong investment. So no, there is no sympathy for people that own multiple properties vs people than cant even come close to owning anything or cant even pay rent. This is some entitled privileged whining.