New legislation in Congress aims to tackle a financial burden weighing on millions of households -- rent that is too damn high, as one NYC activist famously claimed.
Sorry there is a limited amount of homes. Rents will stay high. You have to build more homes and apartments. With homes burning up at a rapid rate it is only going to get worse.
Unless there is a fee for vacancies, there is no reason to fill units that are built. More doesn’t necessarily mean available and ownership of large number of properties gives landlords leverage in the market.
Sorry there is a limited amount of homes. Rents will stay high. You have to build more homes and apartments. With homes burning up at a rapid rate it is only going to get worse.
Unless there is a fee for vacancies, there is no reason to fill units that are built. More doesn’t necessarily mean available and ownership of large number of properties gives landlords leverage in the market.
There are 16 million homes in the U.S. just sitting vacant.
https://unitedwaynca.org/blog/vacant-homes-vs-homelessness-by-city/