10-06-2013, 01:24 PM
Umm, seems like the cost of rent can double only if the demand doubles, no?
Umm, no.
When the current base of renters has more income, the cost of rent goes up. Maybe they wait until a current renter moves out, maybe they don't.
They're Swiss, maybe they'll be fair and reasonable about increasing rent. That wouldn't happen in say, New York or San Francisco.
Umm, no.
When the current base of renters has more income, the cost of rent goes up. Maybe they wait until a current renter moves out, maybe they don't.
They're Swiss, maybe they'll be fair and reasonable about increasing rent. That wouldn't happen in say, New York or San Francisco.