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> There are, of course, a number of vacant units in any city at a given time. Yet, there are a multitude of reasons for these units to be vacant besides unscrup
by ed25519FUUU 6y ago
> There are, of course, a number of vacant units in any city at a given time. Yet, there are a multitude of reasons for these units to be vacant besides unscrupulous investors or rapacious landlords holding out for a better price.
I really don’t see this as very economical for very long. Property taxes on a ~$1m house are about $1200 a month in LA. Maybe this is the reason there are some empty lots, but it’s not very convincing for empty homes.