Hacker News new | ask | show | jobs
by baroffoos 2656 days ago
Higher rents and cheaper houses because they are being sold to the people who want to live in them rather than to someone who already has 5 houses.
1 comments

Or you know, you could just build more housing.
The people hoarding empty houses will do anything they can to block this because it drops the value of their houses which they only own to sell at a higher price later