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The proposition that all gains in productivity are absorbed by rental charges sounds completely off to me. How would that even work? Just imagine: If housing w
by fwn 8y ago
The proposition that all gains in productivity are absorbed by rental charges sounds completely off to me. How would that even work?
Just imagine: If housing were that great of an investment, everyone would get enough credit to build, making effectively everyone a landlord.
- robryan 8y agoIt depends how tight the rental market is, if there is a lot more demand than supply it is possible that the full increase would be absorbed in rental increases.
- branchless 8y agoWhich is the case in most urban centres, where most people are.