True Federalist (진정한 연방 주의자)
Ernest
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Atlas Legend
Posts: 42,144
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« on: October 22, 2020, 11:44:05 PM » |
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Landlords typically have a weak grasp of economics, or at least tend to exhibit it when trying to "justify" rent increases, tho this "justification" is weaker than usual. For one thing, only corrupt government contracts guarantee a certain amount of profit. Increased costs for a providing a good or service don't directly cause increased prices for them. What increased costs do is reduce the willingness of suppliers, in this case of rental properties, to provide them at the previous price. So some combination of a reduction in the supply of rentals and an increase in the price required by landlords happens, but not a linear increase in price.
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