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Re:Manhattan rents cross $5k threshold for first time by m0llusk on Thursday July 14, 2022 @01:12PM (#32098805)
That is not directly related. People and institutions holding residential units for investment purposes usually rent them out.
Re:Manhattan rents cross $5k threshold for first time by ch4s3 on Thursday July 14, 2022 @02:35PM (#32099842)
Then they're on the rental market and don't contribute to a shortage in supply.