"We have seen corporate landlords—who own a larger share of the rental market than ever before—use inflation as an excuse to hike rents and reap excess profits beyond what should be considered fair and reasonable."
Yes, lack of housing is the bigger issue. Here in the Boston area, it’s pure supply and demand. Neighborhoods are full of triple-deckers just off the city center that could be denser apartment buildings. Landlords can charge whatever they want, because they know that anyone who wants to live in the area will have a hard time finding another place.
There’s also the question of transit infrastructure. Even with less dense housing, if there were easy ways to get around other than cars, proximity would be less of an issue.
because they know that anyone who wants to live in the area will have a hard time finding another place.
I mean, you’re just saying supply and demand still. They’re charging that because that’s what someone is willing to pay.
Even with less dense housing, if there were easy ways to get around other than cars, proximity would be less of an issue.
Agreed, the U.S. as a whole has had incredible incompetence with government officials regarding public transit. If we had reliable train and bus systems, we’d be in a much better position.
Yes, lack of housing is the bigger issue. Here in the Boston area, it’s pure supply and demand. Neighborhoods are full of triple-deckers just off the city center that could be denser apartment buildings. Landlords can charge whatever they want, because they know that anyone who wants to live in the area will have a hard time finding another place.
There’s also the question of transit infrastructure. Even with less dense housing, if there were easy ways to get around other than cars, proximity would be less of an issue.
I mean, you’re just saying supply and demand still. They’re charging that because that’s what someone is willing to pay.
Agreed, the U.S. as a whole has had incredible incompetence with government officials regarding public transit. If we had reliable train and bus systems, we’d be in a much better position.