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Sure, but the more important point is that the market represents housing. Having housing empty is pointless, so market speculation is that is not about the rent
by rswail 5y ago
Sure, but the more important point is that the market represents housing. Having housing empty is pointless, so market speculation is that is not about the rent from the asset but only its capital growth leads to that exact outcome, empty housing has lower expenses and depreciation in reality, which helps maintain the asset's value better than if someone was living in it.
- javert 5y agoI haven't heard of housing sitting empty. Even if there is a flipper in the chain of possession, houses end up getting acquired by long-term investors who rent them out or people who actually live in them. As far as I'm aware.