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It's almost as if supply and demand is a real principle that exists and applies to housing. Who would have thought? Seriously though, I find it baffling how ma
by warning26 4y ago
It's almost as if supply and demand is a real principle that exists and applies to housing. Who would have thought?
Seriously though, I find it baffling how many people are completely adamant that housing costs are completely fixed (usually by some kind of shadowy cabal of landlords), and are not subject to market forces whatsoever.
- roym6 4y agohttps://www.propublica.org/article/yieldstar-rent-increase-realpage-rent https://www.propublica.org/article/yieldstar-rent-increase-r...
- Redoubts 4y ago> What role RealPage’s software has played in soaring rents — which in the decade before the pandemic nearly doubled in some cities — is hard to discern. Inadequate new construction and the tight market for homebuyers have exacerbated an existing housing shortage. K.
- warning26 4y agoYup -- I love that people always point to RealPage's existence as some sort of smoking gun that proves literally every landlord is colluding with one another.
- crooked-v 4y agoAlso, even if it were proof that every current landlord was colluding, the easiest solution to that would be... to build a lot more housing, to severely dilute the power of current landlords.
- davidw 4y ago> I find it baffling Housing Breaks People’s Brains: "Supply skepticism and shortage denialism are pushing against the actual solution to the housing crisis: building enough homes." https://www.theatlantic.com/ideas/archive/2022/11/us-housing-supply-shortage-crisis-2022/672240/ https://www.theatlantic.com/ideas/archive/2022/11/us-housing...