I agree. It is definitely not perfectly inelastic. But for the sake of pushing back against this claim by gp: >> If tenants are still moving inspite of the hig

I agree. It is definitely not perfectly inelastic. But for the sake of pushing back against this claim by gp: >> If tenants are still moving inspite of the high prices, then the price is probably right. it’d probably be best to focus on housing’s relative inelasticity as compared to other goods where such a claim might actually be quite true.