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by orwin 1334 days ago
Landlords do not build. And often oppose new development that risk lowering the price of their investment.
2 comments

They don't build because local homeowners vote for more restrictive zoning. Private corporations benefit anyway because their property values go up.
And how do they oppose development?

Do they break the kneecaps of their potential new landlord rivals so they don't build new apartments and provide competition?