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@Tina; you are assuming a model of a private landlord.

In an urban environment, it makes a lot of sense for corporate landlords to take over. They don't get a deduction.

I wouldn't be surprised to see a model more like Canada or Spain, where you a lot of tiny city apartments being built as "starter" homes. Again, probably not a suitable model either -- requires constant newcomers to prop up those values. But going to the original point, that might be better for cities/urban areas.

by charlie on Nov 12, 2010 1:27 pm • link • report

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