In view of the real estate crisis, now is the perfect time to raise rents, claims a real estate investor who advises on TikTok.
“Increasing the rents on your building is the best way to get rich in real estate and now is the best time to do it, especially now that the housing crisis is raging,” Cory Albert suggests in a video shared in recent days became.
“When you raise your rents, you essentially increase the value of your building and thereby become even richer,” continues the man who claims to have become a millionaire thanks to real estate investments by the age of 22.
According to Cory Albert, a landlord cannot provide tenants with a “good service” unless they raise their rents sufficiently. “When you’re asked to do renovations, you can’t do them because you don’t have enough money for your building [ne] “Not generating enough money for you,” he said.
“Yes, I said it’s the best time to raise rents because it’s the housing crisis, on the other hand you have to be careful. We are still people, the renters, it can be your grandparents, your family, your friends, so be very careful when raising rents,” he concludes.
Cory Albert is followed by almost 115,000 people on TikTok.
It doesn’t go through
Cory Albert’s words arouse displeasure if the comments below the video are to be believed.
“Participating in society’s problems is much better than finding solutions,” complains one person.
“In my opinion, impoverishing everyone is the best way…I lowered my local taxes instead of raising them.” [locataires]”, supports another person who also appears to be the owner of a rented apartment.
Other people consider it a satirical video.
“I thought your video was sarcasm… Seriously, don’t worry, landlords only think about money, for them the raise time is Christmas,” laments one user.
“Hopefully it’s satire [Espérons que c’est une satire]. When did real estate become a business and the rest of the population accepted it? “A roof is a basic need,” replies someone else.