curious that "rent seeking" is an end-game in small (individual) capital endeavors. There was an individual real-estate agent in the SF Bay Area recently who le

curious that "rent seeking" is an end-game in small (individual) capital endeavors. There was an individual real-estate agent in the SF Bay Area recently who leveraged, bought, sold repeat.. in a brutally competitive environment, including surviving 2008 events. The end game of almost fifteen years of this relentless effort? purchasing an 18 unit apartment building in a flyover state and moving out of California. Why is this remarkable? because the fodder for the business was private homes. It is like porn for some people. Flipping houses is tangible and real. If you enjoy watching your competition get crushed by pressure and cash flow problems, more's the better. Yet, these houses were not stable places for families or DINKs .. they were chips on a table. And where did that ultimate money go? into RENTALS.. because MONEY. Zero new houses were built. Stability of life was undermined as table stakes. There are a dozen winners and hundreds of losers, seen and unseen. Drink to that! the side effects? brutal alcoholism, soul loss.. things that could have been but were left in the rush to the seven figure check. real 2000s in California housing market