this post was submitted on 27 Jul 2025
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[โ€“] Chivera@lemmy.world 75 points 5 days ago (21 children)

And then they raise rent. For what? They haven't upgraded anything. They haven't added any of that value to the property. Every year the house gets older. Cars lose value every year even if you maintain it perfectly.

[โ€“] Patches@ttrpg.network 5 points 4 days ago* (last edited 4 days ago)

I'm not a landlord but the taxes go up every single year. Home insurance goes up every single year. Both often by a lot. Compared to 2019 my taxes are up 45% and my home insurance is up 500%.

The land value is up purely because they ain't making any more of it.

The cost to repair everything goes up every year. A part of my washing machine broke again. Part was $20 in 2017. Part was $60 4 months ago. Post Tarifs it will probably be closer to $100. Nevermind the labor if I can't DIY.

Plenty of reasons for costs to go up each year.

Real question is :

Why the fuck aren't the wages going up?

If that too kept up with inflation since the 1970s then we'd all be happier then pigs in shit.

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