We have some laws that enforce that at least part of a rental complex is meant to be for the general public, but you can legally set the rent higher than the we

We have some laws that enforce that at least part of a rental complex is meant to be for the general public, but you can legally set the rent higher than the welfare payment people receive when they are out of jobs. The laws are from the 70ies, and they worked well until about the 00’s, but these days they might as well not be there. > institutional landlords prefer to leave an apartment empty for a couple of years and then rent it out at a lower rent. Not exactly. They don’t plan on ever lowering the rent. They’ll even let you live rent free for 3 months if you move into some of the apartments no strings attached. The point is to keep the prospect earnings as high as possible, because that’s what they’re selling to investors. There is more than enough income from other areas to cover for the empty rentals. Ideally you don’t want that, but for some projects it’s even tied directly into the project loans, meaning it would actually be more expensive to rent out apartments at lower rates than having them sit empty. > state-funded competition for apartments The state is too busy selling off it’s real estate and land to make that happen. I don’t necessarily disagree with you, but as long as people keep voting for politicians who are also our investors, well… I wouldn’t hold my breath.