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Emerging cities including San Diego were cited to be susceptible to rent increases. The higher average rents go, the easier it is to find someone
Emerging cities including San Diego were cited to be susceptible to rent increases. "The higher average rents go, the easier it is to find someone to pay the area average. The easier it is to find someone to pay the average, the easier it is to make money by replacing tenants who pay less than average." Personally, have you witnessed this scenario in your neighborhood? If yes, what changes did you witness? Discuss and summarize your experiences. If no, imagine that you were a tenant being displaced due to a rent increase and needed to seek new housing. How would you feel? Where would you move to? How close is the new location to your former location? How will the cost of moving to a new place impact your decisions? How disruptive is this move to your personal and academic life?
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