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> This mom and pop rentier idea is specious I'm not sure that word means what you think it means. >40% of all rentals are owned by individuals, and if you tak
by djrogers 5y ago
> This mom and pop rentier idea is specious
I'm not sure that word means what you think it means. >40% of all rentals are owned by individuals, and if you take large multi-unit apartments out of the equation that rises to >72% - that's your "mom and pop" rentals, which by most judgements would take it from the realm of specious and put it smack dab in the realm of the common.
It's quite common for retirees to own outright or invest in rental property - evenly grandfather, who never made more than $10/hr working at a lumberyard for his entire life owned some rentals in his retirement.
Those are the people who are actually hurt by eviction moratoriums.
- olivermarks 5y agoThat was the point I as attempting to make - mom and pops are not rentier layabouts and work hard to provide rental accommodation and keep it up to spec.