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Demographics, Legislation, & Housing With Charles Tassell

Lead-Lag Live

00:00

I'm Raising the Rents Because I Absolutely Have To.

The real asset is a well-managed building with good people in it. A lot of properties, once you've got a resident in there, you kind of know how much rent increase results in moving trucks. In the Midwest, typically, if you raise rents about $75, you're going to get moving trucks. And we were just in DC working on a seller finance bill and one of the things we talked about was that your buildings are these great assets.

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