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The price of renting/buying is a function of the number of houses available more than it is the type of entity that owns the houses.
by TehShrike 3y ago
The price of renting/buying is a function of the number of houses available more than it is the type of entity that owns the houses.
- nerdponx 3y agoThe article clearly posits that investor-owners tend to charge more than other owners, either in resale price or rent, disproportionate to the value of the improvements they make to the property. That is, the article asserts that investor-owned properties cost more than non-investor-owned properties. Maybe the analysis in the underlying report is flawed (and it very likely could be), but that's the claim. It's not a claim about what might happen, it's a claim about what is happening.
- TehShrike 3y agoI don't think "the previous owners were charging less than what the market could bear" has any bearing on my previous statements
- supertimor 3y agoThe market can “bear it” because the alternative is homelessness.