this post was submitted on 21 Apr 2025
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Yep instead of lowering rent because your unit is unaffordable you just buy up and rent them all out creating housing scarcity and prices will increase right up until the point ppl can't afford to vacation anymore... Which is pretty much now anyway. Queue up all the BS stories. "Millennials/zoomers don't 'want' to vacation anymore"
The Snake is going to eat it's tail.