If you are facing or have recently faced a renoviction by a flipper or merchant housing dealer, you may not understand the reason: greed. I recently went through a renoviction and it took me some time to see the reason why: the commodification of housing.
Better put as how to double your return on idle money by simply evicting the vulnerable and artificially inflating housing costs.
Big shout out to the conservative faction of “god what’s you to be richer at any cost” for bolting a moral veneer of piety to this cruel and commandment breaking (#8, #9, & #10) approach.
What is renoviction
When you get evicted due to no fault of your own because the landlord intends to renovate the property. It’s often done so they can slap in a new carpet, some tiles and a new bathtub and then jack the price up 1200$ and call it a luxury property.
Something that is difficult to do over here because the longer a tenant has been in a rented place the more say they get over living there.
Effectively once it’s been 5+ years, you no longer get to evict them. You can ask nicely if they’ll leave, otherwise you’re SOL.
Where’s “over here?”
Going by their comment history, Germany.
Hamburg in Germany. I think we got even more tenant friendly laws than the other federal states though.
That seems like a very good reason not to let any renters stay over five years.
It’s scaling. There’s no hard cutoff. The longer a renter has been in, the more difficult to cancel their contact. The idea is that the longer someone has lived there, the more their life will have become reliant on being in that area, and hence uprooting them is less and less sensible.
Ive never seen this within a lease term, only at the end of one, where the landlord says they won’t be continuing.
Crazy if people are actually getting tossed out with just short notice over this.
Essentially a bs way to boot a lower rent tenant in favor of the current market rate for tenancy. Market rates are easier than ever to
price fixdetermine now too thanks to sites like realpage.