schizoidman@lemmy.zip to Europe@feddit.orgEnglish · 11 days agoSkyrocketing rents threaten Greece's economic reboundwww.reuters.comexternal-linkmessage-square6linkfedilinkarrow-up134arrow-down13
arrow-up131arrow-down1external-linkSkyrocketing rents threaten Greece's economic reboundwww.reuters.comschizoidman@lemmy.zip to Europe@feddit.orgEnglish · 11 days agomessage-square6linkfedilink
minus-squareJensSpahnpasta@feddit.orglinkfedilinkEnglisharrow-up4·11 days agoWhy should rising rent be a symptom of the economy? It’s just the owner of your flat trying to extract as much money as he can.
minus-squarecopacetic@discuss.tchncs.delinkfedilinkEnglisharrow-up1arrow-down3·11 days agoWhy didn’t the owner raise the price a year ago? Something improved such that now someone is willing to pay the higher price. Why didn’t the owner raise the price even higher? Because nobody would have rented then. Some kind of negotiation happened.
minus-squareJensSpahnpasta@feddit.orglinkfedilinkEnglisharrow-up3arrow-down1·11 days agoFrom the article: lawyers representing the apartment’s Chinese owners said they planned to raise the rent, which was already 700 euros - nearly Syntihaki’s entire earnings. Great negotiation between everybody! The free market at work!
minus-squareDirtSona@feddit.orglinkfedilinkEnglisharrow-up1·11 days agoThey were raised a year ago too? Thai article is about a period of 5 years.
Why should rising rent be a symptom of the economy? It’s just the owner of your flat trying to extract as much money as he can.
Why didn’t the owner raise the price a year ago? Something improved such that now someone is willing to pay the higher price.
Why didn’t the owner raise the price even higher? Because nobody would have rented then. Some kind of negotiation happened.
From the article:
Great negotiation between everybody! The free market at work!
They were raised a year ago too? Thai article is about a period of 5 years.