3 ms·

Landlords, whether small or large, rely on rent-paying tenants for income, and their existence does not decrease the supply of housing. Restrictions on building

• ryan_lane 4y ago
  As long as corporations can make a profit (low enough interest rate, high enough rent), they will continue buying the properties. It may be difficult to build fast enough to overwhelm their ability to buy, and in a large number of areas, the market isn't anywhere near saturated. With them holding the property, they push prices up for buying, which forces people into renting. It's a vicious cycle that just encourages them to buy more property. At some point the whole market may collapse, but hell, they may get a bailout.
  • As_You_Wish 4y ago
    Yes, and the shit part is that they buy in block of properties near each other, so maybe there's 100 properties in a subdivision, they will purchase 40 of them and convert them to rentals, and since there is a "near" monopoly, or at least control a lot, they jack up the rental rates. Bastards.