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Yes, real estate investors are the definitely the group most in need of empowerment... /s Edit: The ethics of this project are questionable, assisting real est

Yes, real estate investors are the definitely the group most in need of empowerment... /s Edit: The ethics of this project are questionable, assisting real estate investors at the expense of first time home buyers (indicated by the heavy focus of this tool on optimizing profit through rental income) is not what our society needs at the current moment, in my opinion, as it reduces the pool of available homes for sale and forces our society further into separation between people catapulting their wealth and those who just want an affordable house to actually live in with their families while adding an asset to their net worth.

thecalebf 4y ago
This tool is more for smaller investors not really massive funds or companies like Blackstone.
- feet 4y ago
  Why should we want more landlords at all? Tools like this help to further the already terrible stratification and suck more money out of those who are on the lower end of the income spectrum and funnel it to those who do already have money
tigerBL00D 4y ago
I am not here to defend any particular group, but I just don't think this comment is fair to anyone. At the end of the day anything that can help the market become more efficient is a good thing.
- deleted 4y ago
  [deleted]
- techsupporter 4y ago
  > At the end of the day anything that can help the market become more efficient is a good thing. Efficient for whom? The person who has a one-off need for housing every few years? Or the person who already has the time, money, and connections to leverage money into bundling up more housing for themselves to loan out to that first group? This also presumes that housing, at least primary residences, should be a market instead of a utility, which is not at all a given considering how the "market" is working out (or not) for a lot of people right now. Tools like this further increase that gap.
dang 4y ago
"Please don't post shallow dismissals, especially of other people's work. A good critical comment teaches us something." https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html Your comment also broke the Show HN guidelines - please see https://news.ycombinator.com/showhn.html https://news.ycombinator.com/showhn.html
- status200 4y ago
  Edited to address your concerns and better fit the guidelines, I hope it meets your approval.
  - dang 4y ago
    I agree, your edit fits the guidelines better.

thecalebf 4y ago

This tool is more for smaller investors not really massive funds or companies like Blackstone.

feet 4y ago
Why should we want more landlords at all? Tools like this help to further the already terrible stratification and suck more money out of those who are on the lower end of the income spectrum and funnel it to those who do already have money

tigerBL00D 4y ago

I am not here to defend any particular group, but I just don't think this comment is fair to anyone. At the end of the day anything that can help the market become more efficient is a good thing.

deleted 4y ago
[deleted]
techsupporter 4y ago
> At the end of the day anything that can help the market become more efficient is a good thing. Efficient for whom? The person who has a one-off need for housing every few years? Or the person who already has the time, money, and connections to leverage money into bundling up more housing for themselves to loan out to that first group? This also presumes that housing, at least primary residences, should be a market instead of a utility, which is not at all a given considering how the "market" is working out (or not) for a lot of people right now. Tools like this further increase that gap.

dang 4y ago

"Please don't post shallow dismissals, especially of other people's work. A good critical comment teaches us something." https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html Your comment also broke the Show HN guidelines - please see https://news.ycombinator.com/showhn.html https://news.ycombinator.com/showhn.html

status200 4y ago
Edited to address your concerns and better fit the guidelines, I hope it meets your approval.
- dang 4y ago
  I agree, your edit fits the guidelines better.