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by pmorici
1601 days ago
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Wether a house is rented or owned by the person occupying it doesn’t effect the basic supply/ demand dynamics of the market. Punitive taxes on landlords isn’t going to cause housing prices to come down because the cause of high prices is a housing shortage. There is no indication supply is being artificially depressed by people letting houses sit unoccupied. |
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https://www.sfgate.com/bayarea/article/how-many-vacant-homes...
Took me less than a minute to search this.