The land is what’s gaining value, not the structure on it

And then they try to fuck you over when you leave the place by pinning all the costs of normal dilapidation on you. Fortunately where I live the law forbids it but it doesn't stop them from trying every time.

Good tenants make the neighborhood more desirable. So the rent being raised is a way to punish good Tennant, and steal their hard earn benefit from their existential labour.

If there were only a set number of cars available and creating more was prohibitively expensive, cars would appreciate in value as well.

And to be clear, I'm not talking about the house; building more of those is expensive, but doable. It's building more land that's the tricky part

I'm not a landlord but the taxes go up every single year. Home insurance goes up every single year. Both often by a lot. Compared to 2019 my taxes are up 45% and my home insurance is up 500%.

The land value is up purely because they ain't making any more of it.

The cost to repair everything goes up every year. A part of my washing machine broke again. Part was $20 in 2017. Part was $60 4 months ago. Post Tarifs it will probably be closer to $100. Nevermind the labor if I can't DIY.

Plenty of reasons for costs to go up each year.

Real question is :

Why the fuck aren't the wages going up?

If that too kept up with inflation since the 1970s then we'd all be happier then pigs in shit.