> They want the increased rent, and it appears they'll get it from me, or the market.
Is that wrong? Do you think you are entitled to live in someone else's property, at a price below what others in the market would pay, for as long as you like?
There has to be some balance here. Someone is contracting to let you live in their property. If they don't get something out of it, why should they do it? Why would anyone be a landlord? And if nobody wanted to be a landlord, wouldn't it be harder for you to find a place to live in your price range?
If nobody wanted to be a landlord, it'd be so much easier to find a place to live -- so many vacancies, so much empty space, so little occupied land...
Uh, no, there would be no options other than home ownership or homelessness (or government housing projects, which are only options in certain areas and are always pretty bad).
Rentals don't just exist without landlords to own and maintain them. No apartment buildings would get built if there weren't landlords ready to buy them from the property developers. The existing ones would be left vacant because it would be cheaper than filling them and keeping them habitable.
Every time the government makes it harder to be a landlord, they also make it harder to be a renter. Even well-intentioned programs like rent control always end up impacting the majority of renters negatively.
If you are a renter, the best thing you can do for yourself is to advocate for more housing and more landlords to rent it from. It's supply and demand.
> there would be no options other than home ownership or homelessness
There are also extended-stay hotels. But other than that, is near-universal home ownership such a bad thing? What's the big difference between paying a mortgage and paying rent? Rent already pays for mortgage, repairs, and maintenance anyway. All that's left is closing costs when you move.
How can someone on minimum wage own a home? Even if home values dropped by 90% nationwide, there would still be people who can’t afford to buy one. What are they supposed to do, live in tents? Come on, be serious.
Roommates? Co-ownership? A higher minimum wage? Permitting smaller houses?
Keep in mind the median housing unit price today skews higher because things like studios and SROs never go up for sale. SROs are effectively illegal to build in many cities today.
Is that wrong? Do you think you are entitled to live in someone else's property, at a price below what others in the market would pay, for as long as you like?
There has to be some balance here. Someone is contracting to let you live in their property. If they don't get something out of it, why should they do it? Why would anyone be a landlord? And if nobody wanted to be a landlord, wouldn't it be harder for you to find a place to live in your price range?