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Have there been any studies examining the impact on the market of banning career landlords and REITs? What happens if you restrict residential housing to being
by ahelwer 8y ago
Have there been any studies examining the impact on the market of banning career landlords and REITs? What happens if you restrict residential housing to being owned by a single person who cannot own anything else in that area, rather than letting capital have the run of the place and treating homes as an investment plaything?
- dahfizz 8y agoWould this mean no apartment buildings? Many people prefer to rent, and banning that seems a little selfish and short sighted.
- walshemj 8y agoMany people have to rent, from a purely economic aspect owning is better than renting - there are social aspects to it as well.
- jogjayr 8y ago> from a purely economic aspect owning is better than renting This is not the case in many places, especially the Bay Area.
- dahfizz 8y agoOwning is better economically if you're going to stay in that house for a while. If you're living there less than a few years, all the costs associated with purchasing and selling g a house can hurt pretty bad.
- ahelwer 8y agoRenting is not banned, people can rent out the single unit they own.
- deleted 8y ago[deleted]
- conanbatt 8y agoSingle family owners do the most damage to a housing crunch, not career landlords..
- dragonwriter 8y agoShort run, rents go up and purchas prices go down, fairly obviously since you restrict purchase demand and rental supply by excluding a big market segment from both of those roles.