4 ms·
Exactly, that's the entire point. If landlords are less willing to invest in property the housing price will drop, making it easier for people to buy the house
by crote 4y ago
Exactly, that's the entire point. If landlords are less willing to invest in property the housing price will drop, making it easier for people to buy the house themselves.
People don't want a landlord, they want a home. For many people the landlord is currently a necessary evil they'd rather get rid of.
- scarface74 4y agoNo the entire market is going to change and if I know my risks are going to change, I’m going to increase rent. It’s going to increase prices and/or reduce supply as not as much capital flows in. People may not want landlords. But everyone doesn’t want to own a home. By definition, they want to rent from someone else - ie have a landlord.
- rcpt 4y agoThis wouldn't magically create rich tenants in your city. If you can really do it then why don't you simply increase rent right now?
- scarface74 4y agoThe market conditions as they exist today with the known expenses has established an equilibrium. When expenses go up or risks go up across the market, the market adjusts.