• copacetic@discuss.tchncs.de
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    9 hours ago

    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.

    • JensSpahnpasta@feddit.org
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      8 hours ago

      From 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!