It all depends if tenants can afford it. On a scale this could be "happy with re... | Hacker News

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		quickthrower2 on Sept 12, 2019 \| parent \| context \| favorite \| on: California Approves Statewide Rent Control It all depends if tenants can afford it. On a scale this could be "happy with rent"->"rent too high but can afford"->"cannot afford rent, in arrears". Are average renters getting 7% pay raises every year in perpetuity?

BurningFrog on Sept 12, 2019 [–]

> It all depends if tenants can afford it

In extreme markets, perhaps.

Normally one landlord's ability to raise rents is constrained by the prices other landlords charge.

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