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Let's Talk About- Political Edition
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(08-02-2024, 08:25 AM)The Real Marty Wrote:(08-02-2024, 07:59 AM)copycat Wrote: I’m not against people owning rental properties and not suggesting people should not own them. It is corporations buying up whole neighborhoods and taking those homes off the market thus preventing homeownership. I have no issues with corporations buying and building apartments. Call me old fashioned but I believe homeownership is the cornerstone of the American dream. You are right, it is a supply and demand issue as these corporations are scarfing up homes, lowering the supply, raising the cost of ownership and crushing that dream. I completely agree. However, where does it end for corporations? If they’re buying and building up homes by blocks and neighborhoods, what is the tipping point for them to stop. Isn’t it possible they could corner a big chunk of the housing market and keep it artificially high? |
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