this post was submitted on 17 Jul 2023
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[–] Xcf456@lemmy.nz 11 points 1 year ago

They understand it alright, they just care about renters and want those gains for their base.

This will help keep rents high because as they keep rising, putting larger amounts down up front as a bond will otherwise become more of a barrier. Same type of barrier as a house deposit but this is apparently where we're at now. Depressing