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Landlords by and large do not build houses. They buy up existing stock and coordinate with other landlords to constrain supply and raise rents. I dunno who you
by bugglebeetle 2y ago
Landlords by and large do not build houses. They buy up existing stock and coordinate with other landlords to constrain supply and raise rents. I dunno who you think is going to believe these fairy tales, but they’re transparently false to anyone with like an 8th grade reading level:
https://www.propublica.org/article/doj-backs-tenants-price-fixing-case-big-landlords-real-estate-tech https://www.propublica.org/article/doj-backs-tenants-price-f...
- s1artibartfast 2y agoNo need to be snarky. Im not that landlords are the builders with the hammers and nails. They are however, a major customer for houses. Fewer houses would be built with fewer paying customers. They also incentivize building through their role as a capitalized buyer of used houses. If it was much harder to resell a house for value, fewer owners would build them in the first place