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Morazan’s First Rent Increase in Over Three Years
Effective January 1st, the rent for my 60m2 two-bedroom flat is now $140
— Alex Ugorji (@AlexUgorji_) January 22, 2025
For 3 years, the free private city of Morazan, refrained from increasing its $120 rent
In this week's Morazan Monday I'll explain how it was able to do so and what caused this $20 change!pic.twitter.com/sclThkEIlJ
2) Small Government
— Alex Ugorji (@AlexUgorji_) January 22, 2025
Another thing that pushes up rent are regulations and other red tape that make it expensive to build
Fortunately and Morazan lacks zoning laws and other regulations that make it hard and expensive to build!pic.twitter.com/X72qQ1fTDu
Despite all its advantages, Morazan could only outrun inflation for so long
— Alex Ugorji (@AlexUgorji_) January 22, 2025
Especially with the Honduran government's minimum wage increases, worsening labor laws, and currency devaluations
But don't worry more affordable housing in the works!pic.twitter.com/Wg9GMjxgDz