30 The real estate scam works like this. Billionaires buy up many homes/businesses and keep them empty to lower actual supply, raise demand and raise prices. That’s why your rent goes up instead of down. (youtube.com) posted 1 year ago by LightBringerFlex 1 year ago by LightBringerFlex +32 / -2 33 comments share 33 comments share save hide report block hide replies
came to post this. SF has a lot of shit ideas, but this wasn't one of them.
this has been done in vancouver and toronto for almost 20 years...(only recently in toronto)
hasnt made a lick of difference ... and its a bad idea...