Fun fact: John Lewis isn’t a typical corporation, it’s a partnership, and its employees are the partners. When they do well, they don’t pay dividends, they pay percentage bonuses across the entire workforce.
Gives me hope that they might be trying to do the right thing. Obviously they might just be attempting to make more profit, but John Lewis has very good customer service indeed in my admittedly very limited experience.
It’s simple supply and demand. Even if John Lewis decides to charge high rent on these specific homes, the additional supply will reduce demand across the market, which means landlords will have to ask for less rent if they want to be able to fill their properties.
The more homes there are on the market, the lower rent/home prices will be.
Free markets aren’t the answer to all the world’s problems, but they can be part of the solution - as long as they’re properly regulated.
More homes being built should be celebrated, regardless of whether they’re intended for the rental market or not.
More rental homes means cheaper rent, means less profitable buy-to-let, means cheaper homes.
Have you met big corporations? Just because that aught to be e how it works, doesn’t mean it will
Fun fact: John Lewis isn’t a typical corporation, it’s a partnership, and its employees are the partners. When they do well, they don’t pay dividends, they pay percentage bonuses across the entire workforce.
Gives me hope that they might be trying to do the right thing. Obviously they might just be attempting to make more profit, but John Lewis has very good customer service indeed in my admittedly very limited experience.
It’s simple supply and demand. Even if John Lewis decides to charge high rent on these specific homes, the additional supply will reduce demand across the market, which means landlords will have to ask for less rent if they want to be able to fill their properties.
The more homes there are on the market, the lower rent/home prices will be.
Free markets aren’t the answer to all the world’s problems, but they can be part of the solution - as long as they’re properly regulated.