Quote:
Originally Posted by Galakanokis
I really feel bad for the lady with three empty homes, whatever will she do. Problem is that most of the empty homes are off the highend variety so it won't have much of an impact on cost or even supply for the average workers.
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There are plenty of empty condos. The price of renting them is artificially high to to lack of supply. There's Just a big tickle down effect. Higher end renters get forced into lower end units being rented for higher prices. Overall any increase in supply is good for all renters.