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What solution would you like to see that resolves the pay to rent gap? I’m pretty sure cities need the trades people, we’re just haggling over “how” now.
Poor people cannot afford the city, if wages rise so will rents and other products in turn, leading to overregulation and strangles on the market until landlords would rather have empty homes than deal with tenants.
Landlords are already leaving housing empty rather than lower rents. Perhaps heavy handed regulations are needed because unfettered capitalism isn’t offering any solutions.
Houses are going empty precisely because people are still submitting applications and attempting to live in them. The landlords are waiting for the perfect tennant instead of accepting the ten substandard ones rn. The market will either adjust or these landlords will lose out on revenue streams.
What solution would you like to see that resolves the pay to rent gap? I’m pretty sure cities need the trades people, we’re just haggling over “how” now.
Poor people cannot afford the city, if wages rise so will rents and other products in turn, leading to overregulation and strangles on the market until landlords would rather have empty homes than deal with tenants.
Landlords are already leaving housing empty rather than lower rents. Perhaps heavy handed regulations are needed because unfettered capitalism isn’t offering any solutions.
Houses are going empty precisely because people are still submitting applications and attempting to live in them. The landlords are waiting for the perfect tennant instead of accepting the ten substandard ones rn. The market will either adjust or these landlords will lose out on revenue streams.