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The opposition to vacancies in real estate is one of the most absurd memes I've seen recently. Imagine if you went to a supermarket and all the shelves were emp
by bobcostas55 4y ago
The opposition to vacancies in real estate is one of the most absurd memes I've seen recently. Imagine if you went to a supermarket and all the shelves were empty. That's what zero vacancies in the real estate market looks like! There's nothing wrong with available stock.
- majormajor 4y agoImagine if the supermarket shelves were empty BUT there was a warehouse full of all the items that would normally be on the shelf, waiting for people to get desperate and pay more, while renting some fraction of them (bring that lightbulb back next week or keep paying indefinitely!).
- throwawayboise 4y agoI think in context, "vacant" means a property that nobody is living in and is not on the market for rent. It's simply owned by someone as an asset. This was the complaint in some parts of Canada: Chinese owner/investors buying condos and not renting them out but just letting them sit empty.
- jonny_eh 4y agoSlap a "for sale" sign on the window. It's "on the market" now.