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Good thing nobody suggested that. Allowing landlords to actually build would drive prices down but overregulation and zoning laws have broken the supply end of
by parineum 4y ago
Good thing nobody suggested that.
Allowing landlords to actually build would drive prices down but overregulation and zoning laws have broken the supply end of the market.
- orwin 4y agoLandlords do not build. And often oppose new development that risk lowering the price of their investment.
- parineum 4y agoAnd how do they oppose development? Do they break the kneecaps of their potential new landlord rivals so they don't build new apartments and provide competition?
- imtringued 4y agoThey don't build because local homeowners vote for more restrictive zoning. Private corporations benefit anyway because their property values go up.