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if you have a vacant unit that you're having trouble filling and you don't want to be taxed, the free market is telling you to lower the price. it's not complic
by nix666 3y ago
if you have a vacant unit that you're having trouble filling and you don't want to be taxed, the free market is telling you to lower the price. it's not complicated.
- glimshe 3y agoThis also applies to selling the property.
- nix666 3y agoexactly, no one is forcing landlords to own units they can't fill
- rufus_foreman 3y agoIf you've got landlords who would rather leave units vacant rather than renting them out, the free market is also telling you something about your regulations on renting out those units. I mean they would rather take zero money than some money. Why is that?
- philsquared_ 3y agoBecause they think their line of work shouldn't involve any risk.. They don't want to risk filling a unit at a lower price and only being able to raise rate 1-2% per year when if they held off for a year they can charge 15 - 20% more.. If you want to play that game you have to live with the consequences...
- deleted 3y ago[deleted]