Tag: profit

  • The Real Reason Rents Shot Up During the Pandemic

    The Real Reason Rents Shot Up During the Pandemic

    It’s no secret that rent prices ripped higher between 2020 and 2022. Rents on the West Coast were $1,992 in January 2020 at the beginning of the COVID-19 pandemic and peaked out at $2,497 in August 2022, growing 25% in just 30 months. Asking rents grew by a modest 2.5% in February 2020 and then…

  • Real Stories Show Why Rent Control Won’t Work in WA

    Real Stories Show Why Rent Control Won’t Work in WA

    District 2 “Rent control will not allow you to keep up with the market increases that occur with increased taxes, insurance and maintenance. It will create a class system, those who are included in rent control and everyone else. The solution for me will be to sell all residential rentals. The supply will go down…

  • Now Hiring! Being a Housing Provider IS a Job

    Now Hiring! Being a Housing Provider IS a Job

    In the Soviet Union, the Communist Party decided your job, your salary, where you could travel, and most other important aspects of your life. Go-getters with ambition had to join the Party. Anyone who disagreed with the system was sent to the gulag. Other “features” of the Soviet Union included: On the flip side, the…