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Which real estate investors? Because it’s a spectrum. From the mom and pop trying to supplement their income to the investment firms that bought tens of thousan
by MichaelMug 2y ago
Which real estate investors? Because it’s a spectrum. From the mom and pop trying to supplement their income to the investment firms that bought tens of thousands of properties. The latter being a bigger problem here.
What I’ve seen lately is mega apartment complexes being built and funded by private equity. That’s not good either. Things will end up like Europe where no one owns their flat they just rent in perpetuity.
- bryanlarsen 2y agoAlmost all low income earners rent from an investment firm. Any tax on investment firms will be passed down to the renters. Taxing those investment firms is a tax on the poor. Taxing short term rentals, OTOH...
- freitzkriesler2 2y agoAll of them from Mom and Pop to black rock. A small leach is the same as a big leach.