3 ms·
Perhaps semantics here, but it is market rate. The market is just very restricted. "Market rate" doesn't imply no regulations.
by JMTQp8lwXL 7y ago
Perhaps semantics here, but it is market rate. The market is just very restricted. "Market rate" doesn't imply no regulations.
- darksaints 7y agoPerhaps true that it is semantics, but I would call that a cartel rate, not a market rate.
- JMTQp8lwXL 7y agoCorrection: you are right, "market rate" implies free market, which means free from government intervention -- which is very much not the case when it comes to housing. https://en.wikipedia.org/wiki/Market_rate https://en.wikipedia.org/wiki/Market_rate