3 ms·
Purchase rental units, jack up the price, see what the pain threshold for your tenants is. It is expensive to relocate, especially if you're poor. Some of thes
by TrackerFF 3y ago
Purchase rental units, jack up the price, see what the pain threshold for your tenants is. It is expensive to relocate, especially if you're poor.
Some of these real-estate investment companies own hundreds of thousands of rental units. They purchase swaths of blocks, all over the world, and do nothing but increase the price. Usually they just purchase parts, or entire portfolios off smaller companies.
The goal is monopoly. And it has worked well of the past decades with low/zero interest rate policy.