Re:How to Profit from Rising Rents: Build Apartments
by jstalin on Monday January 18, 2016 @03:36PM
(#10926731)
Sounds good, in a complete vacuum. This ignores basic economic realities. But of course, these sorts of actions become far easier when the cost of capital is essentially zero.
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Re:How to Profit from Rising Rents: Build Apartments
by andy_ppp on Monday January 18, 2016 @03:41PM
(#10926764)
I'm saying where is the economic incentive to build enough new housing to reduce or maintain current prices.
>>> This ignores basic economic realities
Maybe you can see a time where in San Fran or New York or London there will be enough housing built to simply maintain the current price? I can't though...