Later in that same exchange, Ramsey said that he takes circumstances into account. “Am I going to evict someone with cancer in the middle of chemo? No, I’m not,” he said.

I do have an issue with his talking about what the market bears however. Yes, for a new tenant, that's what you do. but for an established tenant? No.

For a family, being forced to move can be particularly hard on kids. If the tenant is good, keep rent rises at a modest level, one that the tenant can afford.

If the landlord's expenses (taxes, insurance, repairs, etc.) have gone up substantially, however, the landlord is not obligated to lose money. Neither should he try to gouge his tenant because of a rising housing market.