Especially when the (jobless) renter is getting $1000 a month but is only spending $600 on rent. That's $400 a month per new renter that is going into the local

Especially when the (jobless) renter is getting $1000 a month but is only spending $600 on rent. That's $400 a month per new renter that is going into the local economy through grocery stores, bars, and public transport. That's new jobs being created.