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> lowering availability for buyers This makes an unsubstantiated assumption that everyone would rather buy and can afford to, ignoring that people have reason
by dmitrygr 5d ago
> lowering availability for buyers
This makes an unsubstantiated assumption that everyone would rather buy and can afford to, ignoring that people have reasons to rent.
- tonyhb 5d agoNo, it doesn't. It states that if a landlord has 3 houses and exits the landlord market, those houses are either kept unused or sold and are available for new buyers.
- dmitrygr 5d agoSold...to a large landlord company... yes That is what happened in Seattle
- InitialLastName 5d agoAssuming the same homes, which group do you think is larger: A) Households who are currently renting who would prefer to own their home B) Households who currently own who would prefer to be renting I'm going to guess A >>> B, but I've never seen the data.
- dmitrygr 5d ago"prefer" is irrelevant. I prefer to be a billionaire and own an island. Question is of ability.