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Depends on if people live in it or buy as an investment and leave it vacant or air bb as often happens in London
by nothercastle 2y ago
Depends on if people live in it or buy as an investment and leave it vacant or air bb as often happens in London
- mikeyouse 2y agoNot really since those people would otherwise some different existing property to do the same thing with.
- nothercastle 2y agoI’m not going argue that that basic Econ does not indicate that this should help a bit with housing demand. The question is how much and is it really worth loosing a public institution for. The marginal utility for the general person of a public market seems higher than that of a couple extra housing units