I’ve been to far too many cities and every city the locals are blaming some external person for their housing/rent problem
An external person they want to be mad at when they think of them
But they’re all missing their neighbors: the individual non-corporate landlords who they could actually put peer pressure on more effectively
Landlords could always have gambled on the highest possible rent and it has nearly nothing to do with the recent influx, they can always just as easily not attempt the highest possible price. The wealthier visitors always had the funds to afford the higher prices, and can afford even higher prices than today, double, triple whatever is in the back of your mind. The wealthier people don't care if the presented rent in your area is $500 or $5000, most of them will accept what is presented.
An external person they want to be mad at when they think of them
But they’re all missing their neighbors: the individual non-corporate landlords who they could actually put peer pressure on more effectively
Landlords could always have gambled on the highest possible rent and it has nearly nothing to do with the recent influx, they can always just as easily not attempt the highest possible price. The wealthier visitors always had the funds to afford the higher prices, and can afford even higher prices than today, double, triple whatever is in the back of your mind. The wealthier people don't care if the presented rent in your area is $500 or $5000, most of them will accept what is presented.