Posted Jul 31, 2014, 4:16 AM
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Never Dell
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Join Date: Jul 2001
Posts: 19,804
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I see the supply/demand equation as a fixed number? That's a new one. Everything I'm talking about is predicated on a growth scenario, and constant flux.
As Gordo says, the other point makes little (or no) sense. In a high-demand period, landlords of older buildings are raising prices because renters are clamoring for housing, not because nicer buildings gave them confidence.
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