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by azernik
1736 days ago
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That is the normal frictional vacancy rate, and is mostly temporary. It's also not a problem of buying and holding empty land; by definition, vacancies are on built-up lots, and they generally spike when construction is finished (takes time to rent/sell all the apartments in a new building). https://la.curbed.com/2020/3/5/21079171/los-angeles-vacancy-... |
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