Leaving apartments vacant can increase landlords' profits, so arguments that building more units will automatically lower rent are essentially self-serving bullshit.

#Housing #Homelessness #Landlords #VacancyRates #FuckOffYIMBYs

https://chez-risk.in/2023/01/10/if-its-actually-true-that-building-more-homes-makes-the-rent-go-down-then-its-also-true-that-intentionally-keeping-units-vacant-will-increase-profits/

If it’s actually true that building more homes makes the rent go down then it’s also true that intentionally keeping units vacant will increase profits | Chez-Risk.in