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What I absorbed: housing shouldn't be an investment market, otherwise investors try to suck the money out of everyone. Whatever corner they try to hide.
by _carbyau_ 4y ago
What I absorbed: housing shouldn't be an investment market, otherwise investors try to suck the money out of everyone. Whatever corner they try to hide.
- MilnerRoute 4y agoThat's actually one of the big problems with buying a mobile home. They don't really increase in value (as much as, say, owning a traditional home).
- djbebs 4y agoYou understand that investors are providing a needed service, right? Their existence in the market doesn't stop you from existing.
- lm28469 4y agoWe collectively decide what's ok or not. The market is man made, man regulated, if tomorrow we decide housing is a basic necessity we can change that Meanwhile we let the Qataris &co buy flats in Europe capitals and keep them empty as investments vessels, I find that much more disgusting that "think of the investors =("
- djbebs 4y agoAgain, how does the existence of investors making money by providing housing prevent you from providing housing at below market cost? You'll find that it doesn't. That any such restrictions are political decisions not investor decisions.