7 ms·
An increase in supply of housing would also dampen the demand for renting, thus decreasing the willingness of speculators to buy new rental units.
by ethor 4y ago
An increase in supply of housing would also dampen the demand for renting, thus decreasing the willingness of speculators to buy new rental units.
- gjulianm 4y agoOnly if those houses are affordable for the people that are demanding renting. And if rent prices are high, people can't save and can't buy anything.
- cudgy 4y agoThis does nothing to dampen the hoarding of homes for investors that are looking for a place to park their cash due to low returns/high risk from other asset classes. Generally, it is looking like housing being an investment by corporations and foreign interests is having a negative impact on the population that actually lives where the homes are located.