3 ms·
It's fine if you're trying to keep people off the streets. It's not fine if you're trying to keep a middle class.
by lenerdenator 2y ago
It's fine if you're trying to keep people off the streets.
It's not fine if you're trying to keep a middle class.
- gruez 2y ago>Finally, the fact that rents are sky-high as well, suggests that housing is expensive in general, not only home ownership.
- cduzz 2y agoThere's a "cartel as a service" / rent fixing software system for that... https://www.propublica.org/article/yieldstar-rent-increase-realpage-rent https://www.propublica.org/article/yieldstar-rent-increase-r... I believe the correct response here is "That's wonderful! It lets everyone get in on the benefit of being a slumlord without the hassle of shaking down your tenants. Now you can just buy shares in this instead!"
- cmsj 2y agoVery well said. The asset class is currently in the middle of strip-mining the middle class for everything they have.