3 ms·
Abusing the market is also deeply detrimental to social cohesion. Many market actors have an expectation of fairness with the parties they transact with, but t
by redserk 3y ago
Abusing the market is also deeply detrimental to social cohesion.
Many market actors have an expectation of fairness with the parties they transact with, but this expectation can only be realized if parties maintain some degree of honesty with each other.
One set of actors (some landlords) is not being honest by withholding a very constrained resource (housing) from the marketplace. Their dishonesty is causing a direct impact to many tenants by artificially raising rents.
The increasing cost of rent is very noticeable and only encourages a growing adversarial relationship between tenants and landlords.