I don't know that this would help the market all that much - these are often informal units, not up to code (and not cost effective to remedy), overcrowded (meaning fewer units made available than population share would suggest would come onto the market), and in neighborhoods outside of the core
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I don’t know where you live, but in cities with millions of people in the southwest this is not even remotely true.
Makes sense - talking about the Bay Area so definitely different land dynamics