this post was submitted on 17 Jul 2024
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One clear downside, all rent goes up 5% every year going forward. Greedy assholes have to be greedy.
Yeah, but only 5%, that's still much preferable to the shenanigans they'd pull jacking up the rent multiple times the current rate because they consider the lost revenue of it not being an Air BnB your responsibility to make whole.
Plus if it's so predictable, it's stable and can be accounted for instead of sweating an unpredictable rate hike.