Comment by imgabe
2 days ago
If there are more buildings than people who want to live in them, then the owners have no leverage. They have to compete for renters. You make that happen by building more housing.
2 days ago
If there are more buildings than people who want to live in them, then the owners have no leverage. They have to compete for renters. You make that happen by building more housing.
But once you own a house, it's in your interest financially to stop others from building them. Either as a bloc or as a massive corporate landlord, pressuring cities to "retain the historic character of a neighborhood".