3 ms·

You can't pay the mortgage on a place you're not renting out though, so they mostly can't withhold supply. It applies more to things like retired people living

You can't pay the mortgage on a place you're not renting out though, so they mostly can't withhold supply. It applies more to things like retired people living by themselves in a 3 bedroom house.

eru 3y ago
OK. Though if they can't withhold supply, how are those cartels supposed to hold up prices, then?
- astrange 3y ago
  They don't, it's not real. (Except that they can prevent construction of new units through zoning.)