Comment by pyfon
10 months ago
And not all renting out is rent seeking! On occasion in cities with decreasing home prices, the landlord is subsidising the tenant. That is rare though!
10 months ago
And not all renting out is rent seeking! On occasion in cities with decreasing home prices, the landlord is subsidising the tenant. That is rare though!
Agreed - there are rare circumstances when landlords are losing money. When that happens landlords will usually seek rent increases, or changes to housing / zoning / development rules, etc.