This wouldn't magically create rich tenants in your city. If you can really do i... | Hacker News

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		rcpt on Dec 31, 2022 \| parent \| context \| favorite \| on: JPMorgan to spend $1B on rental homes in the US to... This wouldn't magically create rich tenants in your city. If you can really do it then why don't you simply increase rent right now?

scarface74 on Dec 31, 2022 [–]

The market conditions as they exist today with the known expenses has established an equilibrium. When expenses go up or risks go up across the market, the market adjusts.

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