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I don't know, it think the scenario in the article is pretty common where people offset the time the property is empty with a high price. Especially when there'
by gozo 11y ago
I don't know, it think the scenario in the article is pretty common where people offset the time the property is empty with a high price. Especially when there's things like seasonality. If an apartment becomes empty in the spring the owner might have it empty to the summer, rent it out at a higher price to tourist and then instead rent it out in long-term in the autumn when there is more demand.
I don't pretend to know everything about the housing market. Just that in a time where the Internet have created opportunities to more easily work on the things you think matter with like-minded people, the housing market is going the other way in terms of flexibility. Paradoxically time and space are more important than ever. Being able to do conferences and have people hang around afterwards, as a smaller company bring some in to consult in person, even just hanging out and exchanging ideas all takes time. It's all possible now, but not only is it not equally distributed, it's somewhat getting less so.