> How is it that rents are so high and yet there are empty housing units? Rents are so high BECAUSE there are empty housing units. If all available housing uni

> How is it that rents are so high and yet there are empty housing units? Rents are so high BECAUSE there are empty housing units. If all available housing units went on the market, rent prices would collapse along with the real-estate speculative bubble, which is precisely what landlords are trying to avoid.