200k/year net works, so long as there’s a million housing units also built per year. (View Post)

6.40m, that’s much better from KJT. (View Post)

The rent hikes are because the increasing interest rates mean the rent *has* to rise to keep the book value of the asset constant. It’s all financial manipulation, and it’s killing the sector. (View Post)

Massive props to all the Ukranians involved in this operation. One assumes they’re some of the best forces they have, and they know they’re going to have to extract themselves from Russia on their ow… (View Post)

The main issue is that the owners of the empty units don’t want to have anyone question the value of them, preferring to leave them empty than see them revalued. (View Post)