3 ms·
Real estate, by multiple measures, is the most profitable industry in the US private sector. It is heavily taxed and regulated because it is a money-printing ma
by mhuffman 9y ago
Real estate, by multiple measures, is the most profitable industry in the US private sector. It is heavily taxed and regulated because it is a money-printing machine. We are not in danger of there being no landlords.
[1] https://ftalphaville.ft.com/2016/03/29/2157698/ranking-americas-industries-by-profitability-and-tax-rate/ https://ftalphaville.ft.com/2016/03/29/2157698/ranking-ameri...