Those numbers are still drops in the bucket of what we need. And it would NOT be profitable to only charge higher rents, as that article states about most vacant spots, if there was enough supply where it would be a lot harder for landlords to hold out for higher rents. Now they can do it, and people like you make it possible. Renters and buyers would just have more supply to choose from if you let housing be built, and the prices would stabilize. That is the problem.

Tell me, why do you want to continue to fuck over the middle and lower classes by keeping housing prices so high.

Wall Street is buying up real estate like mad. And they'll gladly tell you why. Housing prices are artificially inflated because there are way too many obstacles to building new housing, so they can make bank due to lack of supply.

Do you work for unethical exploitative Wall Street corps? Because then this would make sense.