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Zoning contributes to why corporate landlords are buying up those single family homes. The profits are guaranteed when localities haven't allowed for the supply
by mikem170 5y ago
Zoning contributes to why corporate landlords are buying up those single family homes. The profits are guaranteed when localities haven't allowed for the supply of housing to increase with demand. Those same corporations will probably lobby politicians to keep the supply low, like NIMBYs do.
- cuttlefisch 5y agoCan confirm this is exactly the case in Seattle.