Maybe for the first few, but after awhile it would be common knowledge that raising rents too much magically causes building to burst into flames. Insurance doesn’t cover intentional acts. If you deliberately burn your own house down, insurance isn’t going to cover that. Plus every insurance policy would exclude coverage for this sort of entirely predictable and preventable fire.
Granted, landlords insurance pays for a new building and lost rent. Now renting it for even more money.
Except when it keeps burning down due to the ongoing wish and is no longer insurance.
The fire just never goes out. Engineers eventually harness it for nearly limitless power.
Landlord still profits.
Maybe for the first few, but after awhile it would be common knowledge that raising rents too much magically causes building to burst into flames. Insurance doesn’t cover intentional acts. If you deliberately burn your own house down, insurance isn’t going to cover that. Plus every insurance policy would exclude coverage for this sort of entirely predictable and preventable fire.