Comment by dylan604

If you build it, they will come.

I don't know how residential rent/lease works in comparison to commercial, but I have known office space to sit unused for years. They landlord would rather the space sit empty than lower the rate to find a tenant. I'm guessing there's a deduction for loss in taxes, so it might be in the landlord's interest to have a few empty properties. But that's just a wild ass guess