laurenceOfSuburbia@lemmy.world to memes@lemmy.world · 3 days agoBlackRock is the worstlemmy.worldexternal-linkmessage-square43linkfedilinkarrow-up1641arrow-down113
arrow-up1628arrow-down1external-linkBlackRock is the worstlemmy.worldlaurenceOfSuburbia@lemmy.world to memes@lemmy.world · 3 days agomessage-square43linkfedilink
minus-squarethethrilloftime69@feddit.onlinelinkfedilinkEnglisharrow-up2·2 days agoWouldn’t that have also drove rent down? Oh or would that also have also limited the supply of rental units and then the rent would increase?
minus-squarehuppakee@lemmy.worldlinkfedilinkarrow-up2·1 day agoYes, less homes available for rent increased their price. Regular supply and demand - total demand over both categories didn’t change, while supply shifted from one to the other.
Wouldn’t that have also drove rent down? Oh or would that also have also limited the supply of rental units and then the rent would increase?
Yes, less homes available for rent increased their price. Regular supply and demand - total demand over both categories didn’t change, while supply shifted from one to the other.