Progress and Poverty Institute

Rents are not set by landlords' costs or desires, but by supply and demand.

The opposing view, the cost-plus theory of rental pricing, makes several testable hypotheses, which this research brief, link in post, by the Progress and Poverty Institute evaluates.

Footnote.

Formerly the Robert Schalkenbach Foundation.

Also, Progress and Poverty Institute should not be confused with Progress and Poverty Substack, which is run by us, the Centre for Land Economics.

Yes, I know it's confusing.

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