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Antiwork

Building manager is proud of pricing mistake.

I currently live in a city where the rental market has skyrocketed 30% in price over the past 12 months, just like everywhere else I suppose. Our apartment's value has gone up that much at least in the past 8 months. After speaking briefly with out building manager about something unrelated, he told me the story of how he listed a room in the building at 2700 dollars a month, and people started asking to come see it and asking to rent it out. He then proceeds to tell me how it was actually an accident and it was meant to be listed at 2500 a month. He mentioned it to the building owner who told him to leave it since people were coming to see it anyways. By the way this is for a small, one bedroom apartment. I also feel a bit strange that the building manager shared…


I currently live in a city where the rental market has skyrocketed 30% in price over the past 12 months, just like everywhere else I suppose. Our apartment's value has gone up that much at least in the past 8 months. After speaking briefly with out building manager about something unrelated, he told me the story of how he listed a room in the building at 2700 dollars a month, and people started asking to come see it and asking to rent it out. He then proceeds to tell me how it was actually an accident and it was meant to be listed at 2500 a month. He mentioned it to the building owner who told him to leave it since people were coming to see it anyways. By the way this is for a small, one bedroom apartment.

I also feel a bit strange that the building manager shared this information with me in the first place.

I don't know why but this whole thing really bothers me. The market in this city is already bonkers, but to have landlords who probably make millions of dollars a year “accidentally” raising the market value of a unit an extra 200 dollars a month just feel so wrong to me. They don't need the money, those struggling to find a decent rental rate do.

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