Author Topic: Raising Rent In Lakewood  (Read 56510 times)

Offline dm123

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Re: Raising Rent In Lakewood
« Reply #360 on: September 01, 2022, 09:29:45 PM »
An existing tenant is a whole different story.

Not raising rent is a whole different story?

Offline yuneeq

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Re: Raising Rent In Lakewood
« Reply #361 on: September 01, 2022, 09:49:34 PM »
yuneeq, is this in the "range of prices"?

No, it’s charity (and existing tenant is different as mentioned)
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Offline dm123

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Re: Raising Rent In Lakewood
« Reply #362 on: September 01, 2022, 10:36:51 PM »
No, it’s charity (and existing tenant is different as mentioned)

So IIUC you're now saying it's charity and you're on the same page as jye:
that makes him a baal tzedaka


And why is an existing tenant different? If the rent is grossly mispriced from current market wouldn't you say the landlord should try and get as close to market as he can and not leave the annual available rent raise on the table?

Offline aygart

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Re: Raising Rent In Lakewood
« Reply #363 on: September 01, 2022, 10:39:27 PM »


Where?




I'm not saying the right thing or what is supposed to be done. I'm just saying there may be different mindsets/situations which will lead to different behaviors in how one sets the price.


Feelings don't care about your facts

Offline aygart

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Re: Raising Rent In Lakewood
« Reply #364 on: September 01, 2022, 10:45:59 PM »


So IIUC you're now saying it's charity and you're on the same page as jye:

And why is an existing tenant different?

Because that is the Halacha, law and minhag not necessarily in that order
Feelings don't care about your facts

Offline yuneeq

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Re: Raising Rent In Lakewood
« Reply #365 on: September 01, 2022, 10:54:20 PM »
So IIUC you're now saying it's charity and you're on the same page as jye:

And why is an existing tenant different? If the rent is grossly mispriced from current market wouldn't you say the landlord should try and get as close to market as he can and not leave the annual available rent raise on the table?

As mentioned many times in this thread, there are many instances where you can’t legally, contractually, or halachikly raise the rent on existing tenants.
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Offline dm123

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Re: Raising Rent In Lakewood
« Reply #366 on: September 01, 2022, 10:54:53 PM »


I wasn't saying ones personal feelings of what is good should be done, I was saying there are more factors than just "market rate" one might be basing their price on.

Offline aygart

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Re: Raising Rent In Lakewood
« Reply #367 on: September 01, 2022, 11:00:34 PM »
I wasn't saying ones personal feelings of what is good should be done, I was saying there are more factors than just "market rate" one might be basing their price on.
Mindsets, situations, behaviors, blah, blah. All mush with no clear line. It should go by cost, but it shouldn't always go by cost, but he should be able to raise but he shouldn't.
Feelings don't care about your facts

Offline dm123

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Re: Raising Rent In Lakewood
« Reply #368 on: September 01, 2022, 11:01:28 PM »
As mentioned many times in this thread, there are many instances where you can’t legally, contractually, or halachikly raise the rent on existing tenants.

Because that is the Halacha, law and minhag not necessarily in that order


To clarify, I wasn't saying the landlord should not listen to halacha/minhag/contract and raise to current market rates, I was saying he shouldn't leave the available (if any) annual rent raise on the table.
try and get as close to market as he can and not leave the annual available rent raise on the table?
as he can meaning halachically legally etc.
Unless there was a contract mentioned specifying "no rent raise of any amount ever" that I missed?

Offline dm123

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Re: Raising Rent In Lakewood
« Reply #369 on: September 01, 2022, 11:02:43 PM »
Mindsets, situations, behaviors, blah, blah. All mush with no clear line. It should go by cost, but it shouldn't always go by cost, but he should be able to raise but he shouldn't.

Welcome to life. Lots of gray area. That's partially why it's so important to have Rabbonim/mentors to help guide one through all the mushy fogginess

Offline aygart

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Re: Raising Rent In Lakewood
« Reply #370 on: September 01, 2022, 11:05:02 PM »
Welcome to life. Lots of gray area. That's partially why it's so important to have Rabbonim/mentors to help guide one through all the mushy fogginess
Yet you started with it being the right thing not to raise rent
Feelings don't care about your facts

Offline dm123

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Re: Raising Rent In Lakewood
« Reply #371 on: September 01, 2022, 11:11:34 PM »
Yet you started with it being the right thing not to raise rent

Not sure what post you're referring to.

Offline dm123

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Re: Raising Rent In Lakewood
« Reply #372 on: September 01, 2022, 11:36:58 PM »
I'm just trying to show there may be more ways than "market price" to reasonably price one's goods. I don't know what the "right way" or the "way it's supposed to be done" is. If there is a Chazal or Halacha/minhag that one needs to or should price their goods at market value, that will be the end of that (for me at least).

Offline aygart

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Re: Raising Rent In Lakewood
« Reply #373 on: September 01, 2022, 11:38:55 PM »
I'm just trying to show there may be more ways than "market price" to reasonably price one's goods. I don't know what the "right way" or the "way it's supposed to be done" is. If there is a Chazal or Halacha/minhag that one needs to or should price their goods at market value, that will be the end of that (for me at least).
Of course. If someone wants to keep a tenant they like they will be much more flexible.
Feelings don't care about your facts

Offline yuneeq

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Re: Raising Rent In Lakewood
« Reply #374 on: September 02, 2022, 12:26:18 AM »
I'm just trying to show there may be more ways than "market price" to reasonably price one's goods. I don't know what the "right way" or the "way it's supposed to be done" is.

I don't know of any "reasonable" way to price something except at market price. Gemara deals with pricing all over and I don't recall any other benchmark besides "market price" being used.
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Offline Ver hut gazugt

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Re: Raising Rent In Lakewood
« Reply #375 on: September 02, 2022, 01:29:49 AM »
I don't know of any "reasonable" way to price something except at market price. Gemara deals with pricing all over and I don't recall any other benchmark besides "market price" being used.
what you paid is also used. Can’t remember the exact Halacha but there is a limit how much you can charge over your costs.

Offline imayid2

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Re: Raising Rent In Lakewood
« Reply #376 on: September 02, 2022, 01:37:36 AM »
what you paid is also used. Can’t remember the exact Halacha but there is a limit how much you can charge over your costs.
You’re going to need a source for this.
Can I sell something I found or received as a gift or got it for free somehow through DD?

Offline Ver hut gazugt

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Re: Raising Rent In Lakewood
« Reply #377 on: September 02, 2022, 01:55:52 AM »
You’re going to need a source for this.
Can I sell something I found or received as a gift or got it for free somehow through DD?

Profit Limitation

The discussion to this point has dealt with profiteering. assuming that there is a fixed price. We have not discussed how the price was determined, or whether there is a permissible profit margin. There is one Talmudic source -from the Amoraic period - which addresses this problem. "Shmuel said: one may not increase the weights or the coins by more than a sixth, and one may not profit more than a sixth." (BB 90a) The ensuing Talmudic discussion relates solely to the first part of Shmuel's dictum, but does not add anything to the second part. The Rashbam (ad. bc.) explains that it is a rabbinic enactment in order to prevent excessive price levels.

Offline jye

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Re: Raising Rent In Lakewood
« Reply #378 on: September 02, 2022, 02:06:35 AM »
Profit Limitation

The discussion to this point has dealt with profiteering. assuming that there is a fixed price. We have not discussed how the price was determined, or whether there is a permissible profit margin. There is one Talmudic source -from the Amoraic period - which addresses this problem. "Shmuel said: one may not increase the weights or the coins by more than a sixth, and one may not profit more than a sixth." (BB 90a) The ensuing Talmudic discussion relates solely to the first part of Shmuel's dictum, but does not add anything to the second part. The Rashbam (ad. bc.) explains that it is a rabbinic enactment in order to prevent excessive price levels.

The point of Shmuel was to prevent price increases and inflation in the first place. He was not addressing a situation where the market price is already higher.
You forgot to add one small caveat that the mechaber רל״א סעיף כ adds:
במה דברים אמורים: בשלא הוקר השער, אבל אם הוקר השער ימכור כפי היוקר
« Last Edit: September 02, 2022, 02:12:52 AM by jye »

Offline Ver hut gazugt

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Re: Raising Rent In Lakewood
« Reply #379 on: September 02, 2022, 02:13:07 AM »
You forgot to add one small caveat that the mechaber רל״א סעיף כ adds:
במה דברים אמורים: בשלא הוקר השער, אבל אם הוקר השער ימכור כפי היוקר
there are many caveats, I was only mentioning that market price is not the only calculus.
And the שער it self is a complicated subject. Who defines the price? And based on what parameters etc…
« Last Edit: September 02, 2022, 02:24:51 AM by Ver hut gazugt »