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You buy up all available inventory and raise the prices, same thing that real estate companies were doing during the pandemic. Every home in my neighborhood th
by MisterBastahrd 3y ago
You buy up all available inventory and raise the prices, same thing that real estate companies were doing during the pandemic. Every home in my neighborhood that went up for sale from 2020 to late 2022 was snatched up in less than a week by a corporation.
- javajosh 3y agoThat's awful, but also rather high-risk. Imagine if they did that and then manipulated the regulatory environment and/or the construction industry to limit new supply.... Now THAT would be evil.
- MisterBastahrd 3y agoSure, it's a footgun waiting to go off. Look at what happened to Zillow, which went from a real estate app to a homebuyer.