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If there’s ample housing, landlords end up in a pricing war. It’s the underlying shortage of homes that drives high rents. Unless you believe the legends of sh
by nikanj 4y ago
If there’s ample housing, landlords end up in a pricing war. It’s the underlying shortage of homes that drives high rents.
Unless you believe the legends of shady foreign investors who buy scores of homes, and then leave them empty
- FuriouslyAdrift 4y agoUnless they are using RealPage... https://www.propublica.org/article/realpage-accused-of-collusion-in-new-lawsuit https://www.propublica.org/article/realpage-accused-of-collu...
- fxtentacle 4y ago"Property managers thus held vacant rental units unoccupied for periods of time"
- fxtentacle 4y agoIt's a well documented practice in large European cities, so it's not a stretch to assume it to be happening in the US, too