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Lower protection leads to lower demand because low protection means high incentive for ownership. Higher demand leads to higher protection because that market i
by usrusr 3y ago
Lower protection leads to lower demand because low protection means high incentive for ownership. Higher demand leads to higher protection because that market implies a higher inherent power imbalance. The causal relationship you propose isn't the whole picture. Yeah, if it's difficult to find renters landlords will be happy about any that show up.