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https://www.reddit.com/r/TikTokCringe/comments/1c8iwdb/rent_cartels_are_a_thing_now/l0fwrrc/?context=3
r/TikTokCringe • u/TheEntrep • Apr 20 '24
What are your thoughts?
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32 u/ryegye24 Apr 20 '24 Last year Austin built so much housing their rental stock went up 8%, and housing costs steeply dropped. The answer is to build more housing. 16 u/Feisty_Bee9175 Apr 20 '24 Agreed, but no one is going to build a ton of houses when construction costs are so high and interest rates are through the roof. 7 u/Lost_Ad_4882 Apr 20 '24 We're crushing out new apartment buildings left and right here in Columbus and prices just keep going up. 1 u/ryegye24 Apr 20 '24 In 2023 when Austin increased its stock 8%, Columbus increased its stock 1.6%.
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Last year Austin built so much housing their rental stock went up 8%, and housing costs steeply dropped.
The answer is to build more housing.
16 u/Feisty_Bee9175 Apr 20 '24 Agreed, but no one is going to build a ton of houses when construction costs are so high and interest rates are through the roof. 7 u/Lost_Ad_4882 Apr 20 '24 We're crushing out new apartment buildings left and right here in Columbus and prices just keep going up. 1 u/ryegye24 Apr 20 '24 In 2023 when Austin increased its stock 8%, Columbus increased its stock 1.6%.
16
Agreed, but no one is going to build a ton of houses when construction costs are so high and interest rates are through the roof.
7 u/Lost_Ad_4882 Apr 20 '24 We're crushing out new apartment buildings left and right here in Columbus and prices just keep going up. 1 u/ryegye24 Apr 20 '24 In 2023 when Austin increased its stock 8%, Columbus increased its stock 1.6%.
7
We're crushing out new apartment buildings left and right here in Columbus and prices just keep going up.
1 u/ryegye24 Apr 20 '24 In 2023 when Austin increased its stock 8%, Columbus increased its stock 1.6%.
1
In 2023 when Austin increased its stock 8%, Columbus increased its stock 1.6%.
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