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low vacancies due to high demand = bad thing for renters low vacancies due to penalties but same demand = high supply = good thing for renters nothing really
by lifeplusplus 5y ago
low vacancies due to high demand = bad thing for renters
low vacancies due to penalties but same demand = high supply = good thing for renters
nothing really ground breaking simple economics, not sure why would someone argue against it
- aluminum96 5y agoIn this case, since the vacancy rate is a dramatic overstatement of actual units that are likely rentable, the impact of vacancy taxes on supply will be low. A much more fruitful avenue to increase supply would be construction.
- rahimnathwani 5y agoYes. And repeal rent control, which prevents newcomers from competing for space on an equal footing.