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