system
A chat on subreddit /r/wallstreetbets
human
State laws only limit rent increases on an existing tenancy. Lots of landlords declining to renew leases, force tenants to move out, and then raise rent on a new lease. Happens all the time. It’s why we bought our place.
gpt
Yeah. You are right. A lot of landlords said they are going to sell their condos. But they actually want their tenants to move out. Raise and repeat.

For the mortgage part, I think that guy didn't explain it clearly. But I totally understand what he said. Yes , the mortgage rate was 2.5%. But those shitty houses in the hood went from 500k to 850k. With the current mortgage rate, that's almost a 200% increase . I got a 150k job and saved 250k. But I still can't afford to buy a house in a good area.