It makes costs more transparent, which means the market works better.
We had legal changes in the UK limiting what fees could be charged to tenants and it had no noticeable effect. The main impact was to stop letting agents charging both landlords and tenants, which reduced what they charge overall.
This is not a comment on more recent changes, or other changes, just those around fees.
matchbok3 · · focus · HN ↗
[dead]
graemep · · focus · HN ↗
We had legal changes in the UK limiting what fees could be charged to tenants and it had no noticeable effect. The main impact was to stop letting agents charging both landlords and tenants, which reduced what they charge overall.
This is not a comment on more recent changes, or other changes, just those around fees.