- a business man
- January 04, 2014 - 16:31
rents will continue to rise until the end of time. that is the effect of inflation. personally, I will not reduce my rents because I believe that as a landlord, I am entitled to a ROI that is greater than what I would get if I just banked my investment. After all, why be a landlord if I got less. As long as all landlords stay strong and demand higher rents, then all is good. Remember, tenants often cannot afford to buy a home and thus MUST rent.
- December 27, 2013 - 10:07
Newfoundland continues its journey as the one place on Earth where basic economic supply and demand has no bearing on anything at all. Even communist China has succumbed to the power of the market...but not us.