• trailing9@lemmy.ml
      link
      fedilink
      arrow-up
      14
      ·
      1 year ago

      That depends on the housing market. If you have a surplus in housing, rent will remain stable because tenants will move if their landlord increases rent.

      If you have a deficit in housing and more people look for a place to stay than there are available places, then tenants cannot move. Landlords and other businesses in deficit markets like healthcare will take all additional income.