this post was submitted on 28 Jun 2023
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[–] [email protected] 3 points 2 years ago (1 children)

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.

[–] [email protected] 1 points 2 years 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.