“They are paying rent, but not a rent increase. It could be moored in the river until they find a new home.”
I’m a landlord. My taxes have gone up by a huge amount, as has insurance, costs, etc. Of my seven rentals, only two are currently at market rate. I should have increased the rent several years ago. This year we are in the red. I really don’t want to, as in probably most cases I’ll have to evict long term tenants. But reality is reality. Costs go up. Rent goes up.