return2ozma@lemmy.world to News@lemmy.world · 19 days agoL.A. County wants to cap rent hikes at 3%. Landlords say that would push them to sellwww.latimes.comexternal-linkmessage-square334fedilinkarrow-up1464arrow-down110file-text
arrow-up1454arrow-down1external-linkL.A. County wants to cap rent hikes at 3%. Landlords say that would push them to sellwww.latimes.comreturn2ozma@lemmy.world to News@lemmy.world · 19 days agomessage-square334fedilinkfile-text
minus-squarexmunk@sh.itjust.workslinkfedilinkarrow-up132arrow-down4·19 days agoThey’d flood the market with properties shifting us along the supply curve to allow younger people to afford properties? Darn, that’d be so… awful? No, I was looking for awesome.
minus-squareEmmie@lemm.eelinkfedilinkarrow-up2arrow-down1·edit-218 days agoIt probably won’t flood the market as property/land is sort of like gold. Renting it is just extra money on top of land value rise. It only gets rarer. (In valuable locations) Source: I have 4 houses from my parents I have no idea what to do with
minus-squareHappycamperNZ@lemmy.worldlinkfedilinkarrow-up3arrow-down3·18 days agoFirst person I’ve seen who didn’t say it increases supply. Nice.
minus-squareHappycamperNZ@lemmy.worldlinkfedilinkarrow-up3·18 days agoSupply/demand is usually micro…
minus-squareCryophilia@lemmy.worldlinkfedilinkarrow-up3arrow-down1·18 days agoIs it really functionally any different? “increases supply” is a decent shorthand
minus-squarejaybone@lemmy.worldlinkfedilinkarrow-up1·18 days agoIsn’t that exactly what they just said?
They’d flood the market with properties shifting us along the supply curve to allow younger people to afford properties?
Darn, that’d be so… awful? No, I was looking for awesome.
It probably won’t flood the market as property/land is sort of like gold. Renting it is just extra money on top of land value rise. It only gets rarer. (In valuable locations)
Source: I have 4 houses from my parents I have no idea what to do with
First person I’ve seen who didn’t say it increases supply.
Nice.
Hey, I remember my macroeconomics!
Supply/demand is usually micro…
Is it really functionally any different? “increases supply” is a decent shorthand
Isn’t that exactly what they just said?