Used to be landlords would charge just enough rent to cover their maintenance, expenses, and major improvements, as the profit would be made when the rental property was sold. Then somewhere around the early '80s (the Regan era) landlords started charging what the market would bear. Next thing you know, people start moving every time the rent went up. Witness destruction of close knit neighborhoods, and witness children moving far away from their parents, as they can no longer afford to remain in the hoods they called home.
Well, 40 years later, retailers are scared shitless as this generation of new renters doesn't buy shit the way their parents did after growing up moving several times in their youth.
Capitalistic karma is a bitch, eh?
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