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by gruez
744 days ago
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1. Opportunity cost is a thing. Even if a vacant unit doesn't cost you anything, you're still leaving money on the table by not renting it out. 2. the propublica article claims that realpage increases overall revenue by renting out less units. |
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From an economics standpoint, if you rent out 10+ units, having them 100% rented would also indicate that you are leaving money on the table.
Maybe there could be a fine/tax for units vacant over 6 consecutive months?