• JamesTBagg@lemmy.world
    link
    fedilink
    arrow-up
    14
    arrow-down
    3
    ·
    9 months ago

    Landlords are already leaving housing empty rather than lower rents. Perhaps heavy handed regulations are needed because unfettered capitalism isn’t offering any solutions.

    • yeather@lemmy.ca
      link
      fedilink
      arrow-up
      2
      arrow-down
      9
      ·
      9 months ago

      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.