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what you fail to grasp is that in many cases this will be a positive thing. How many "slumlords" are in the marketplace today? people illegally renting "roomi
by kennend3 4y ago
what you fail to grasp is that in many cases this will be a positive thing.
How many "slumlords" are in the marketplace today?
people illegally renting "rooming houses", illegal basement units, etc.
Perhaps JPM entering the realestate rental business might put a "floor" on the low quality rental units?
Lastly, what makes buying property and renting it out illegal? If you owned a house would you like renting it out to be illegal?
- blackhaz 4y agoIllegal basement units? Immaculate, spacious, architecturally distinct £1M maisonettes with period features and private patios.
- kennend3 4y agoNot sure your focus on UK, but the article speaks to JPM spending in the US where illegal basement apartments are very common. https://comptroller.nyc.gov/reports/bringing-basement-apartments-into-the-light/ https://comptroller.nyc.gov/reports/bringing-basement-apartm...
- deleted 4y ago[deleted]