Of course landlords create supply.
A renter is someone looking to rent. If someone buys a home then rents it out they just +1 the supply of rental units.
Only if that home wasn't already rented out by the previous owner.
A high proportion of real estate sales are owner churn, not the purchase of brand new never used before properties.
Only if that home wasn't already rented out by the previous owner.
A high proportion of real estate sales are owner churn, not the purchase of brand new never used before properties.