4 ms·
It's not easy because it would never work. Landlords would be incentivised to lower their rent below the cartel level to achieve 100% occupancy. Cartels need
by fallingknife 3y ago
It's not easy because it would never work. Landlords would be incentivised to lower their rent below the cartel level to achieve 100% occupancy. Cartels need an enforcement mechanism to work.
- anigbrowl 3y agoLandlords don't care about 100% occupancy if they are making sufficient profit per unit; the rent isn't constrained to some fixed premium over the mortgage & tax costs. They can just leave some construction material in the empty units and make up some expenses. Have you never dealt with a landlord that invented BS reasons not to return a deposit?
- HDThoreaun 3y agoIs there any evidence that real page lowered occupancy rates?