3 ms·
If outside buying of real-estate isn't controlled, then you can get into the situation where locals and citizens cannot afford to buy property because its drive
by filereaper 11y ago
If outside buying of real-estate isn't controlled, then you can get into the situation where locals and citizens cannot afford to buy property because its driven up by outside investors, especially ones who buy using large sums of cash.
It is true that it creates jobs and and local fees but ultimately the local populace should be able to afford houses. This situation becomes worse in areas where there is no new housing being built.