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How is buying up all the housing stock and selling it for 20% more than you paid adding liquidity?? I think a more accurate term is “scalping”. Houses and 3000
by randomhodler84 5y ago
How is buying up all the housing stock and selling it for 20% more than you paid adding liquidity?? I think a more accurate term is “scalping”. Houses and 3000 series nvidia cards are in demand. We don’t want big players scalping the product back to us. Nothing is gained except inefficiency and grift.
- reducesuffering 5y ago> buying up all the housing stock Because this is hyperbole. Checking Zillow yourself, you’ll find that they have maybe 0.5% of listed homes across all markets.
- ashtonkem 5y agoBuying up half a percent of the housing stock is a lot, especially when there’s a shortage of housing.