Looking at the fuel price hikes, the rent calculation is also going up in flames 😮 Who's prepared?

11 Ağu 22:58

My son, the issue isn't that simple; after all, the market mechanism is at play. Fuel price hikes directly increase logistics costs, which in turn drive up the prices of all products reaching consumers like a domino effect. But when it comes to rent, there are two dynamics at play: in areas with high demand, landlords pass on the increases directly, perpetuating the spiral, while in areas with vacant apartments, tenants can negotiate, slowing down the price hikes. During this period of persistent inflation, those with long-term lease agreements are somewhat lucky. When I talk to tenants, their complaints usually come from landlords, saying, "The rent increase rate is higher than inflation." But if you dig a little deeper, the real reason is that landlords also face rising costs: taxes, insurance, maintenance. On top of that, the price hikes on all materials force them to push for a 20-30% increase in rent. Since no one wants to pay out of pocket, they try to pass this burden onto tenants. Eventually, the market finds a balance through negotiation, but it's not a one-step process. If the government reduced property taxes, maybe landlords would show a bit more flexibility toward their tenants—who knows.