10 ms·
Your anecdote covers business leasing when the article discusses housing. Surely having a flat sit empty for years while people don't have any place to live in
by kabacha 8y ago
Your anecdote covers business leasing when the article discusses housing. Surely having a flat sit empty for years while people don't have any place to live in is a problem, right?
Obviously there's an economic incentive here (why else would anyone leave the apartments empty?) but it just doesn't mean it's not a problem for the cities and their citizens.
- okr 8y agoI like the future availability argument. It's a good function. But i also can see, why citizens (if we talk about housing) might object, if there is no affordable housing right now, if everyone were betting. But then again, if i look at prizing over the last 100 years, and if citizens back then would have to look at prizes today, they would be outraged or at least be worried about their offspring. While, when one is working today and does not have to live in popular areas, in my anecdotal experience, many do pretty ok.
- crazygringo 8y ago> Surely having a flat sit empty for years while people don't have any place to live in is a problem, right? If there were literally more people in Spain than there were housing units to hold them, then yes of course that would be a problem. But it certainly doesn't appear to be the case here. This is mainly about small price differences -- forcing a small increase of short-term availability that will have the cumulative effect over lowering prices in one segment of the market slightly in the present. It's not about finding physical space to house the homeless, for example, in a city bursting at its limits. That would be a legitimate moral problem, of course.