Rents will go up as thousands of displaced homeowners and tenants hit an already tight market, analysts and advocates said. Insurance costs, contracting and permitting are among the myriad of stressors added to L.A.’s housing challenges, many of which were already at risk of worsening.
The price of housing he’s little to do with supply and demand. (not in the way most people think.)what if the supply is artificially decreased to drive up demand? What if every land lord company was working together to increase profits?
Whether it’s manipulated or not, it’s still supply and demand.
No, it’s price-fixing, an illegal practice.