(03-27-2024, 08:55 AM)StroudCrowd1 Wrote:

(03-27-2024, 08:42 AM)mikesez Wrote: Yes, particular landlords may perceive their self interest a little differently.  But in the aggregate, if you need something, and there's a shortage of it, and I have some, I can charge whatever you're able to pay, which will typically be a hefty profit for me.  Again this stuff dates back to Adam Smith and David Ricardo. 

As for timing, every month rental contracts expire, need to be renewed, new households form, etc.  Every month.  Price increases happen on the margin for the new market entrants.  Just because your tenants are in long term deals and you can't immediately take advantage doesn't mean there aren't renters out there paying the new higher rates.

There is this little concept called fair market value Uncle Sam asks you about every year when doing your taxes. You can't charge what you want. 

Besides, UBI would be in the arena of HUD section 8 housing that comes with a multitude of its own restrictions.