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Landlords do not build. And often oppose new development that risk lowering the price of their investment.
by orwin 4y ago
Landlords 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.