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It's funny how "very overinflated prices are going just slighly less overinflated" is a catastrophy... Less renters? Lower the price. Many people would like to
by ajsnigrutin 3y ago
It's funny how "very overinflated prices are going just slighly less overinflated" is a catastrophy... Less renters? Lower the price. Many people would like to live in <popular city>, but not at the over inflated pre-covid prices. Commercial realestate? Louis Rossmann has a whole series of videos on youtube about the overinflated mess in NYC. Less traffic jams? How is that bad? Utilities are paid by (water, power,...) usage, and upgrades will be done where there is usage, even "at homes". Car insurances with less distance per year will also pay out less damages, since less distance == less crashes.
- mschuster91 3y ago> Less renters? Lower the price. That's my point: they can't, not with the financing options they have. REIT are virtually stuck. Not that I care much, I just wanted to offer a consolidated explanation for the whole RTO push crap of the last months.