476
(in)visible hand
(infosec.pub)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 01 Jul 2026
476 points (100.0% liked)
People Twitter
10151 readers
552 users here now
People tweeting stuff. We allow tweets from anyone.
RULES:
- Mark NSFW content.
- No doxxing people.
- Must be a pic of the tweet or similar. No direct links to the tweet.
- No bullying or international politcs
- Be excellent to each other.
- Provide an archived link to the tweet (or similar) being shown if it's a major figure or a politician. Archive.is the best way.
founded 3 years ago
MODERATORS
Landlording is almost uneconomical as it is in a lot of places. That’s why so many condos are completely vacant in expensive cities. People buy them and just hold them as a store of value, but don’t rent them out.
vacant property tax. Mamdani did it. it works
It hasn’t even started yet. Where’s the evidence that it achieves the goal of increasing the supply of affordable housing?
I dunno, common sense? Youll have two competing pressure for sure. On one hand, if holding vacant properties costs more, you're going to charge more rent on occupied properties to offset. On the other hand, you can only charge so much more above market rate without discouraging potential renters. If those numbers don't align for you, you sell your vacant property, increasing supply and reducing the market rates.
Large real estate groups also do that to artificially keep supply low to inflate market rates. Those are not the only properties they own.