Re:Report: Young adults more likely to live with parents tha...
by HarryHirsch on Thursday October 03, 2019 @02:55PM
(#21150674)
If you increase the supply of housing, it puts downward pressure on rent
That's the bug right there. Rental housing is a popular investment vehicle, at a ROI of 9.5 % it slightly outperforms the stock market. Any regulation and anything that would decrease profit will be stridently opposed by the wealthy classes. They go and vote and sit on the city council.
That's the bug right there. Rental housing is a popular investment vehicle, at a ROI of 9.5 % it slightly outperforms the stock market. Any regulation and anything that would decrease profit will be stridently opposed by the wealthy classes. They go and vote and sit on the city council.