Intense competition for places to live is driving rents up and up, but is there hope for change?

I had no idea this was going on.

  • deegeese
    131·
    1 year ago

    For investment property, the rent determines how much you can borrow against the property.

    Long term it’s sometimes better to leave empty for a while than take the valuation hit.

    • stolid_agnostic@lemmy.ml
      1·
      1 year ago

      Is “a while” 5 - 10 years? We’re not talking about leaving it open for a season, but rather for years and years on end.