Why should we use this as an example? You’re talking about people who are throwing away money by leaving assets idle - and implying that they obviously don’t know how to operate in this market.
No, they are watching their assets shoot up in value every day without any operational burden.
> and implying that they obviously don’t know how to operate in this market
When did I say that? In fact what they are doing the most logical thing.
> No, they are watching their assets shoot up in value every day without any operational burden.
It's not either/or. They might be watching the property value go up every year, but they are simultaneously throwing money away by leaving it empty. They could have been profiting from both sources but chose to profit only from one.
(Often rationally, since a bad tenant can destroy the property and never pay, but still.)