» landlords will always increase rent to the limit
In your own words, a business will run out of business quickly if supply and demand do not match. So unless you are confident that there will be a buyer, you cannot raise prices infinitely.
» because a living space is a basic necessity
While most people can live without a netflix subscription (hence they cannot raise prices infinitely and still expect to find buyers) most people prefer to live in housings. A housing is a basic necessity hence as a landlord you can confidently raise prices to the barrier of an affordability limit.
» Something else will get expensive in the meantime
Lets assume electricity prices get really cheap because humanity discovers fusion reaction. Well guess what, now landlords will increase the rents again because they can.
Hope I expressed myself to your liking. I mean you just walz in here and start lecturing people about capitalism, maybe you should change your careerpath and become a teacher.
In your own words, a business will run out of business quickly if supply and demand do not match. So unless you are confident that there will be a buyer, you cannot raise prices infinitely.
» because a living space is a basic necessity
While most people can live without a netflix subscription (hence they cannot raise prices infinitely and still expect to find buyers) most people prefer to live in housings. A housing is a basic necessity hence as a landlord you can confidently raise prices to the barrier of an affordability limit.
» Something else will get expensive in the meantime
Lets assume electricity prices get really cheap because humanity discovers fusion reaction. Well guess what, now landlords will increase the rents again because they can.
Hope I expressed myself to your liking. I mean you just walz in here and start lecturing people about capitalism, maybe you should change your careerpath and become a teacher.