Earlier quoted context omitted.
It sounds like she moved there when it was cheap. Is it reasonable to expect her to leave her friends, contacts, etc that she's built up over decades because the city is changing? Housing isn't widgets: it's not easy to move to a cheaper type if your current type gets expensive. There isn't an easy answer to this sort of problem, but to imply that she should simply "move somewhere else" is simplistic in the extreme.…
My parents bought their house in the 1980s. They paid it off 100%. When they retired they moved. Would it have been preferable to keep the house the whole family grew up in? Probably. But they couldn't afford the overhead of utilities, maintenance, etc. They moved to a smaller house in a state with lower property taxes. They too left their friends, contacts, etc. Built up over living there for 35 years. But it was th…
Obviously utilities going up should be considered in rent, but in a property tax-free world, someone staying is not a burden on the owner, except in the "he could be making even more money". The owner ends up making less because they might not be market value, but considering that what he's doing is rent-seeking anyways, there's not that much moral high ground for the guy who wants to increase rent just because of "the market".
Obviously these problems are nuanced (and economists seem to all agree that rent control = bad )