• sbv@sh.itjust.works
    link
    fedilink
    arrow-up
    3
    ·
    1 year ago

    Owning multiple properties that are occupied satisfies housing demand as much as each person owning their own home. As far as I figure, only vacant homes artificially inflate home prices/rent.

    As we said above, the renter has to cover the costs of the property, plus the landlord’s profit.

    • cadekat
      link
      fedilink
      arrow-up
      1
      ·
      1 year ago

      That’s just not how rent works. Tenants don’t care what the landlord’s expenses are. If a home is priced above what people are willing to pay, it’ll sit empty.