2 ms·
Uh, building more would certainly work, as it would make those empty units stand empty for longer, forcing the owners to lower rent. That's... how it works.
by matchbok 4y ago
Uh, building more would certainly work, as it would make those empty units stand empty for longer, forcing the owners to lower rent. That's... how it works.
- quantified 4y agoWell, more units would put some economic pressure, but presumably landlords wouldn't buy those buildings if they have pressure already. So those buildings would go condo, and maybe some renters would step up to be owners. That's more pressure on condo prices than on rents. Cartels derail schoolbook supply and demand ideas.