Why does the cost of rent in an apartment keep going up? Is it just an excuse for the?
05.25.10
building management company and the building owner to raise their income as often as they can?
The building management company of my apartment building where I live says. Its because oil, building supplies, etc. keep going up.
I asked the management company of my building what will happen if these expenses ever go down will the rent go down.
The management company says theoretically it could but it hasn’t happened yet.
Tags: building, company, management
Inflation.
uh…water, heat, taxes all keep going up
Insurance keeps going up
Legal fees keep going up
Supply and demand keeps squeezing prices up.
Reality in other words
It’s called inflation. The price of all goods tends to go up over time. If your rent is rising faster than other rents around you, then you’re perfectly able to move.