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if you have a vacant unit that you're having trouble filling and you don't want to be taxed, the free market is telling you to lower the price. it's not complicated.

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If you've got landlords who would rather leave units vacant rather than renting them out, the free market is also telling you something about your regulations on renting out those units.

I mean they would rather take zero money than some money. Why is that?

Because they think their line of work shouldn't involve any risk.. They don't want to risk filling a unit at a lower price and only being able to raise rate 1-2% per year when if they held off for a year they can charge 15 - 20% more..

If you want to play that game you have to live with the consequences...

This also applies to selling the property.

exactly, no one is forcing landlords to own units they can't fill

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