• @[email protected]
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    fedilink
    19
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    4 months ago

    This is the truth. You need to create conditions that make renting unprofitable and unsustainable, and all of a sudden property prices will begin to fall as landlords sell. This happened in London after WW2, when renting was over-regulated and most of the residents ended up owning their own apartments as landlords sold off property. After deregulation, the reverse trend began again.

    • @General_Effort
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      14 months ago

      What happened to the number of new apartments being created?