4 ms·
Why would renters want property values (and therefore rents) to go up due to a lack of supply?
by fnimick 4y ago
Why would renters want property values (and therefore rents) to go up due to a lack of supply?
- raincom 4y agoPeople who live in rent-controlled apartments seem to be against gentrification, as they end up losing their rent-controlled apartments for new construction.
- jonas21 4y agoThey don't. But getting people to understand supply and demand is hard. Getting them to blame visible changes in the neighborhood (e.g. fancy new apartment buildings going up) is easy.