• thethrilloftime69@feddit.online
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    9 hours ago

    Wouldn’t that have also drove rent down? Oh or would that also have also limited the supply of rental units and then the rent would increase?

    • huppakee@lemmy.world
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      3 hours ago

      Yes, less homes available for rent increased their price. Regular supply and demand - total demand over both categories didn’t change, while supply shifted from one to the other.