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Tenants cannot pick an arbitrary landlord L for a given, fixed rental unit U. They can pick a different rental unit with a different L.


Tenants pick what they can afford. Landlords charge what the market can bear.

The entirely predictable result is some very rich landlords and some very homeless people.


In reality, stuff also happens such as: landlords working several jobs to cover the bills, unable to get rid of nonpaying tenants.




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