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That's just not true, people leave shitty landlords, buildings, and cities all the time. People also confuse housing as a necessity versus good housing in a goo
by asdasdsddd 2y ago
That's just not true, people leave shitty landlords, buildings, and cities all the time. People also confuse housing as a necessity versus good housing in a good location as a necessity. It's normal for desirable cities to be expensive, if algorithms are truly scalping people on rent, then those cities would be less desirable and the rent would reach equilibrium.
- chimpanzee 2y agoElasticity is a spectrum. The relative elasticity of housing demand might be best illustrated by comparing to a similarly priced good: personal vehicles. Which is more elastic and why? If you have another appropriate or even better comparison to offer, please do.