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Of course it does. Many houses remain empty because PE firms buy them and hold out for rents locals cannot afford.
by MOARDONGZPLZ 1y ago
Of course it does. Many houses remain empty because PE firms buy them and hold out for rents locals cannot afford.
- WalterBright 1y agoRent control plays a role in that. If rents are not allowed to rise, the landlord risks locking in a low rent for the indeterminate future. It's a better play to leave it vacant until the rents rise. Rent control is simply a disaster.