[quote=spdrun]Why raise prices in any business to reflect increased costs of doing business? It’s a business, not a charity last I checked.
If the tenant gets pissed off, then they know where the door is.[/quote]No one is saying it’s a charity. But there’s a cost to raising prices. I don’t think it’s worth the hassle of vacancy and time to find new tenants, hosting open house/showing the place, etc. All of those are cost too. Those are the cost you don’t see until your tenant move out. Increasing rent will increase their likelihood of moving.
