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Why use 'we'? What is it that you did? If you have Blackrock and Vanguard buying up 20% of homes in the US at above market rates, that would do it.
by verisimi 5y ago
Why use 'we'? What is it that you did?
If you have Blackrock and Vanguard buying up 20% of homes in the US at above market rates, that would do it.
- deleted 5y ago[deleted]
- closeparen 5y agoOwning houses is a ridiculously profitable opportunity. Ridiculously profitable opportunities don’t get left lying around. That’s rather the point of capitalism. What “you” did is oppose higher-density construction, which means the homes that exist today are the homes everyone in the future has to compete for, if they want to live near population centers. NIMBYism makes the profit that attracts the sharks.
- pgwhalen 5y agoMy understanding is these types of investors own less than 1% of homes in the US. Is that not true?