That is an interesting argument: increasing rent might make it financially attractive to move in with roommates or family even if you could afford the rental.
I'm not sure that's always an option if you have to live near your workplace, but it could shake things up a bit.
Yeah, it's certainly not always an option, but it just needs to be enough of an option for enough people in order to put some downward pressure on rents (compared to full capture of the increased income).
I'm not sure that's always an option if you have to live near your workplace, but it could shake things up a bit.