3 ms·

So in this case the investor is taking a few hundred thousand dollar loss so the building can then be sold for a loss and rented at a price that makes market re

by carom 4y ago

So in this case the investor is taking a few hundred thousand dollar loss so the building can then be sold for a loss and rented at a price that makes market rent make sense? I feel restrictive zoning is a much bigger issue than empty unsustainable houses.

bombcar 4y ago
It rarely actually happens I think, but it does happen. Zillow and that other home flipping company lost billions in total.