> I never said they do not. I said that’s not the typical reaction It doesn't take many shoppers to make a huge difference. > because moving is very difficult

> I never said they do not. I said that’s not the typical reaction It doesn't take many shoppers to make a huge difference. > because moving is very difficult There's always a fair number of people new to the area, not to mention people whose situation has changed significantly and there are a lot of people looking for new housing. Note that rent-control takes the latter group off the market. Note that someone taking a "new property" off the market (regardless of reason) is exactly the same as not adding said new property. (Ie, it can't make things worse.)