3 ms·
> “warehousing,” the practice by which landlords keep unrented apartments off the market to create artificial scarcity Seems like a good argument in favor of G
by josephcsible 4y ago
> “warehousing,” the practice by which landlords keep unrented apartments off the market to create artificial scarcity
Seems like a good argument in favor of Georgism.
> their warehoused apartments are in such poor shape that it would be impossible to recoup the cost of necessary repairs at rent-stabilized prices, so they’re holding them vacant until Albany repeals the law.
That law should definitely be repealed too, though.