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Won't vendors and landlords charge what the market will bare? If all the people not receiving subsidized housing now have +$10,000 per year, they can all bid up
by axus 13y ago
Won't vendors and landlords charge what the market will bare? If all the people not receiving subsidized housing now have +$10,000 per year, they can all bid up to that much more.
- learc83 13y agoIn certain places where there is a limit on the supply of housing this will probably happen. However, when rent prices go up, it encourages people to build more homes/apartments which in turn drives prices down. There is a feedback loop (granted, many times it's interrupted, and there is a delay)