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by s1artibartfast
886 days ago
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Two points, demand can be specific to a price point. More people would want houses for $1 than $10 million dollars. Short term rentals specifically drive down demand. No need for a vacation house when you can rent. They drive down supply, but presumably the same number of people what to to live in a house |
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This only illustrates that you don't know what demand is, in the context of economics.