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This doesn't make sense to me. I don't think apartment complexes or individual landlords (who generally aren't super sophisticated) are thinking this way. Also,
by gtbcb 8y ago
This doesn't make sense to me. I don't think apartment complexes or individual landlords (who generally aren't super sophisticated) are thinking this way. Also, I just don't think this logic is sound. An individual landlord (or apartment) isn't going to affect the market as a whole.
- throwaway29319 8y agoLarge investors (billionaires, hedge funds...) do this, and they are powerful enough to drive the market in most cities. Individual landlords usually seek rent.