Re:Rising Rents Are Pushing More Tenants Past the Breaking P...
by coldtea on Friday October 27, 2017 @08:05AM
(#15567564)
>Rising rents are almost entirely because of local restrictions on creating more housing.
If those restrictions are a constant, then foreign purchases can still play a huge role in pent up demand.
Plus, there are limits to how much you can (and want to) built. You don't want to cover every inch of land with buildings, or grow into sprawling third-world style megacities...
If those restrictions are a constant, then foreign purchases can still play a huge role in pent up demand.
Plus, there are limits to how much you can (and want to) built. You don't want to cover every inch of land with buildings, or grow into sprawling third-world style megacities...