[drugme]

There's no "trickle-down" effect. It's a trickle-up effect in terms of (1) rents necessarily raising in reaction to the dwindling supply and (2) the ensuing speculation bubble in "hot" neighborhoods.

Both of which royally screw over long-term tenants living on flat incomes -- i.e. "the middle class".

[sjjshzvuiajhz]

What do you mean by dwindling supply, we are talking about investors buying properties and renting them out. That doesn’t decrease supply in the rental market.

[drugme]

The thing is - quite often they aren't renting them out; but simply holding them as "assets". Or when they do rent them out - they tend to raise the rent. Which is why the supply of affordable apartments tends to "dwindle".