3 ms·
> but having more than one and leaving it empty just to raise the price of a similar unit Is there a dearth of this happening? SF vacancy rates are roughly the
by codemac 4y ago
> but having more than one and leaving it empty just to raise the price of a similar unit
Is there a dearth of this happening? SF vacancy rates are roughly the same as they are across the country.
Also, from a balance sheet standpoint: if you raise the rent of a similar unit, then the rent lost on your empty unit goes up. You're actually losing more money (potential rent - rent received).