return2ozma@lemmy.world to News@lemmy.world · 5 months agoAmerica’s housing crisis continues to worsen, renters are struggling more than homeowners, report sayswww.cnn.comexternal-linkmessage-square187fedilinkarrow-up1433arrow-down19cross-posted to: housing_bubble_2@lemmy.worldusnews@lemy.lolhousing_bubble_2@lemmy.world
arrow-up1424arrow-down1external-linkAmerica’s housing crisis continues to worsen, renters are struggling more than homeowners, report sayswww.cnn.comreturn2ozma@lemmy.world to News@lemmy.world · 5 months agomessage-square187fedilinkcross-posted to: housing_bubble_2@lemmy.worldusnews@lemy.lolhousing_bubble_2@lemmy.world
minus-squareASeriesOfPoorChoices@lemmy.worldlinkfedilinkarrow-up1·5 months agobut landlords “hording” property increases the supply to people who want to rent, which drives prices down.
minus-squareCouldbealeotard@lemmy.worldlinkfedilinkEnglisharrow-up1arrow-down1·5 months agoThe entry cost of the housing market is a greater driver of rent than vacant rental properties. The laws even encourage property owners to leave a property empty than lower the rent.
but landlords “hording” property increases the supply to people who want to rent, which drives prices down.
The entry cost of the housing market is a greater driver of rent than vacant rental properties. The laws even encourage property owners to leave a property empty than lower the rent.