Hacker News new | ask | show | jobs
by segasaturn 530 days ago
Those houses sitting empty with no-one in them is exactly why the price of rent is so high. The supply is there but it's being hoarded by 1% of the population. Write laws that would force people to rent out their secondary houses, condos and apartments (with the threat of having it seized if they don't) and watch the prices immediately start to fall.
1 comments

It's not 1% of the population hoarding the empty houses. It's your elderly relatives.