throwaway29319

Dublin has plenty of shitty meetups. I wonder if an HN one would be above or below the average.

Yes, the building quality is shockingly low and the majority of people accepts that.

Not only that, but every empty apartment contributes to pushing up the prices by being empty.

Then, when the prices hit peak value in a decade or two the investors might sell and keeping the apartment empty was more effective than renting it.

Large investors (billionaires, hedge funds...) do this, and they are powerful enough to drive the market in most cities. Individual landlords usually seek rent.