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If there was more supply in your area you may have less success charging 750K and getting a sale in the timeframe you’re looking for. Right now landlords have t
by reidjs 5y ago
If there was more supply in your area you may have less success charging 750K and getting a sale in the timeframe you’re looking for. Right now landlords have too much power over renters.
- edgyquant 5y agoThis depends on demand, though. If there are 100,000 people wanting to move there you’d have to build more than 100,000 units which isn’t likely in any US city over a reasonable amount of time.
- cozzyd 5y agoYes, but the 100,000 do not have equal purchasing power, so you don't have to have room for all of them for prices to go down.
- tedunangst 5y agoI mean, the suggestion that was made is that increasing supply doesn't work, so I'm asking what's the alternative plan to lower values without any new building?