| Quote: |  | |
| 48% is still a huge hike, unless extensive repairs were done to improve the property. If you don't know the market well for a new area, a rent may seem fair at the time, until you realise the reality on the ground. If expats accept such huge hikes in rent- the local population is truly stuffed. No problem some might say, but it won't do much for good relations, will it? | |
| | |
I agree, but then we have all been screwed on this for a long time. Different threads but some landlords hate the expats and others love them. Do not imagine it is different in any other large city. Market economy will win.