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American companies are working on doing that in the US: buying up the liquid housing, and driving up prices, only to turn around and rent it back to people who
by TheRealDunkirk 4y ago
American companies are working on doing that in the US: buying up the liquid housing, and driving up prices, only to turn around and rent it back to people who could have afforded it if they hadn't driven up prices by trying to monopolize markets.
"You will own nothing, and be happy."
- tzs 4y ago> American companies are working on doing that in the US Is that why I have gotten several phone calls over the last few months from people asking if I'm interested in selling my house, many saying they will pay above current market rates and in cash? I'm not in a big city. I'm in a county with a population density of around 600/mi^2, where the biggest city population is 40k and second biggest is about half that. My house is a little bit outside a town that is only about 10k. It's about an hour on a good day to commute from here to the nearest big city. It's not a place I'd expect there to be a lot of interest in speculative house buying...but I'm getting the calls and can't think of what else they might be.