How would raising the rent change the wait time for ground floor housing? By forcing poor people to move out because richer people want to move in?
That doesn't sound like a good thing.
According to standard economics, since there's a demand, why isn't there other, new housing along these lines - where costs are paid for by investments and entrance fees rather than rents?
How would raising the rent change the wait time for ground floor housing? By forcing poor people to move out because richer people want to move in?
That doesn't sound like a good thing.
According to standard economics, since there's a demand, why isn't there other, new housing along these lines - where costs are paid for by investments and entrance fees rather than rents?