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we should be asking why the hell are our fixed costs so high? Yes. Start b eliminating real estate investors and forcing landlords OUT of residential real est
by orangecat 4y ago
we should be asking why the hell are our fixed costs so high?
Yes.
Start b eliminating real estate investors and forcing landlords OUT of residential real estate entirely
This does absolutely nothing to address the situation that X people want to live where Y units are available, and X>>Y.
- drbeast 4y agoWrong again bucko. See what the great frozen north did for foreign real estate investors https://www.npr.org/2023/01/07/1147678857/a-new-two-year-ban-prohibits-some-foreigners-from-buying-property-in-canada#:~:text=Buying%20a%20home%20in%20Canada,Simon%20Fraser%20University%20in%20Vancouver https://www.npr.org/2023/01/07/1147678857/a-new-two-year-ban....
- Rury 4y agoYou're ignoring that, it's entirely possible allow Y people to live there, without increasing numeric margins on rents. Instead, landlords/investors often look to maximize their profit margin as much as demand allows. Which shows, that investors can be a factor to the problem, by either choosing to maximize profits for selfish gain, or keep rents minimized despite excess demand.