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General Urban Cambridge Updates and Rumours
#74
Currently, landlords have to compete against each other for tenants. If you have a "pets" and "no pets" rental stock, it means that landlords can ask a bit more from the "no pets" crowd, owing to having kept the place free of dirty/messy/smelly pets. The worse increase is on the "pets" side, where very few landlords would allow for pets, but because they do, they would increase their rent demands, given limited supply, and then increase again because while the "pets" supply stock has drastically shrunk, the landlord can rent to anyone, meaning no reduction in competition for the property, where a landlord can ask for high rent from pet owners, with the very real threat of "I can rent to anyone, you probably don't want to have to give away a family member" on the table.
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RE: General Urban Cambridge Updates and Rumours - by Viewfromthe42 - 11-10-2016, 12:33 PM

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