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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?

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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...

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