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Because housing is a basic need. Pricing people out allows you to raise the floor; keeping units vacant artificially restricts the supply and makes people more
by richbell 3y ago
Because housing is a basic need. Pricing people out allows you to raise the floor; keeping units vacant artificially restricts the supply and makes people more desperate.
https://www.propublica.org/article/yieldstar-rent-increase-realpage-rent https://www.propublica.org/article/yieldstar-rent-increase-r...
- pharmakom 3y agoUnless you hold the majority of housing in the market, I don’t see how such a large scale collusion can work.