4 ms·

I think the problem is when renters buy up all the property that is designed for owners. They can afford to pay far more than owners who want to live there, loo

I think the problem is when renters buy up all the property that is designed for owners. They can afford to pay far more than owners who want to live there, look up the stories of investment funds buying up huge swathes of residential land. No one who just wants a house can compete with that. It maybe wouldn't be an issue if widespread nimbyism and red tape in large meant barely any new ousting is coming online in many places,either.

setr 5y ago
The thing I never understood with investment funds doing that is that they should be able to make more money on their investment by renting it out while they’re holding it — the rent high enough to cover near any risk, as rent normally is priced for. It doesn’t make sense to do nothing, unless the act of renting has itself become to expensive to recoup on