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I'm pretty sure investors are persuaded by money and little else — if renting is profitable they'll build rentals.
by JKCalhoun 1y ago
I'm pretty sure investors are persuaded by money and little else — if renting is profitable they'll build rentals.
- JumpCrisscross 1y ago> if renting is profitable they'll build rentals The point is it's difficult and expensive to build in America. The core competency of construction in most cities is knowing how to grease the community boards', planners', affordable-housing advocates' and permitting offices' palms.
- thehappypm 1y agoit isn’t really all that difficult, but it is difficult to build in the places that the jobs are. There are tons economically depressed towns that would absolutely love to have an infusion of property tax revenue