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by bonestormii_
2159 days ago
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Agreed, it doesn't provide an answer for lack of supply, and growth needs to be controlled to pace with things like public and private infrastructure, and even jobs. However, it doesn't justify the runaway inflation of the entire housing market. Also, I'd point out that generally speaking, the population of an area will be limited by the jobs available in that area, so there is an external limit on the demand for housing to at least some extent. There are jobs and money to be made in development of additional housing to meet the demand. Supply issues are not insurmountable, and should be addressed as such. I'll also note that in the USA, all of the "intangibles" you listed are already typically collected by the landlord along with the leasing application itself. This isn't a result of rent caps, just high demand and standard tenant screening practices. To solve problems, you may actually have to try. Obstacles don't justify problems, they just need to be addressed. |
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