5 ms·
I personally think landlords are skewing way too much towards rent seeking right now. But in theory, a landlord could serve a similar function as a futures tra
by chillacy 8y ago
I personally think landlords are skewing way too much towards rent seeking right now.
But in theory, a landlord could serve a similar function as a futures trader. They are speculators who mediate risk of rent. If renting becomes unprofitable then landlords lose money as rent_money < (mortgage + property tax)