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If all the landlords sold, there would be no place for the people that want to rent. Sure, some landlords will sit on a property rather than rent it for less t
by RHSeeger 2y ago
If all the landlords sold, there would be no place for the people that want to rent.
Sure, some landlords will sit on a property rather than rent it for less than max. And some landlords will rent for the absolute minimum that pays the bills (and doesn't account for risk, load, etc). But lots of landlords are in the middle, renting for a fair price, treating their renters reasonably, etc. And forcing them out of the market isn't going to help the overall health of the system.
- lotsofpulp 2y agoMaybe the price drops enough so that the renters can afford to buy.
- RHSeeger 2y agoNot everyone _wants_ to buy. Why is that so hard for people to understand? I have rented at times in my life and owned at other times. Sometimes owning is not the right choice.
- bombcar 2y agoWe need supply to expand to where there's ready housing available and then people will realize that landlords do exist for a reason; if they didn't commercial landlords wouldn't exist at all. Some major chains like Walmart own the stores they operate in, but others operate on various leases.