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by tkahnoski
960 days ago
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I see what you are saying. My comment was more geared towards how a Zillow number or KBB number could move the market and I didn't consider that in the context of the article about rent. It would be interesting to see if how rent markets change if more data becomes available.
In the auto-industry, a car dealer can offload the unit to the wholesale market to minimize loss, whereas a landlord is less liquid. The inventory pressure is there in both situations. An unsold car after 30-60 days is a problem both because of typical retail business dynamics and additional factors with general vehicle depreciation and high maintenance overhead of a vehicle compared to other capital goods, but the exit strategy is there and risk exposure can be limited. |
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