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submitted 11 months ago by zephyreks@lemmy.ml to c/worldnews@lemmy.ml
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[-] trailing9@lemmy.ml 14 points 11 months ago

That depends on the housing market. If you have a surplus in housing, rent will remain stable because tenants will move if their landlord increases rent.

If you have a deficit in housing and more people look for a place to stay than there are available places, then tenants cannot move. Landlords and other businesses in deficit markets like healthcare will take all additional income.

this post was submitted on 06 Oct 2023
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