Posted on 08/20/2022 5:34:55 AM PDT by PK1991
The real estate investment platform backed by Amazon.com Inc (NASDAQ: AMZN) founder Jeff Bezos has continued ramping up its acquisitions of single-family rental homes in several U.S. markets.
Arrived Homes acquires single-family homes to use as rental properties, then sells shares of these properties to investors through its online platform. The demand for rental property shares has grown exponentially so far in 2022, with more homes funded in July than the entire first quarter.
The company has investment properties in 19 of the top 100 cities for population growth in the U.S. and estimates that it will expand to 40 of the top 100 cities by the end of the year. Most recently, Arrived Homes expanded into Nashville, Cincinnati and Indianapolis.
The investment platform is now able to take advantage of the cooling-down period in the housing market to ramp up its purchases at a time when a growing number of investors are looking for alternative investment options outside of the stock market.
(Excerpt) Read more at finance.yahoo.com ...
again.. Texas is your answer.
I have no idea what other states are doing, but here in Texas, you can build easily, nearly anywhere.
There is of course some simple zoning laws, like an area being residential, but they make sense and are not burdensome.
Again...like so many others on this site, what source do you have that the cameras were turned off? Or is that super duper top secret?
Thanks for your input. Have a good day!
The U.S. government will soon be reimbursing Bezos for the cost of housing illegals in these houses he’s bought up in formerly nice neighborhoods. Big government and big business are in bed together and their interests are not aligned with YOUR interests.
Capitalism is not a charity. It is not benovolent.
It is not meant to produce justice.
If government controls corporations, it is not capitalism.
It is fascism. Capitalism sounds cold hearted but actual
experience where it is practiced has proved it lifts all boats.
Unlike China, there are no restrictions in United States as to how many babies you want to produce.
It is wrong to control big business. That is NOT capitalism.
It is even more wrong to straight-jacket small businesses.
Instead of worrying about WTF big businesses are doing,
work on reducing onerous requirements on small businesses.
That will enable them to compete with big business more effectively.
Where is this capitalism you are talking about practiced? It is clearly not in 21st century US.
My HOA payment is about $38 a month. Hardly a mortgage payment.
My HOA protects the value of my property. We live in a PID that has several neighborhoods, each with it's own HOA...except one.
In one neighborhood the developer went bankrupt before completing the neighborhood and never established and HOA. The residents say "HUZZAH!" except...
Homes in my neighborhood (with an HOA) are clean, well kept, and we have parks and nice common areas. Home price averages about $375K.
Homes in the non-HOA neighborhood are shabby. There are weeds in the yards, cars on blocks in the driveways, generally looking like crap. They have no nice common areas or parks, just weed choked half lots. They couldn't even keep up their paved trails so the PID had to step in and take control of them. Average price is about $275K.
The trick to living in an HOA is to get a seat on the board. You will have a greater understand of what they do and why and can keep them from going full Nazi.
It's already happening due to Section 8 renters being inserted into any neighborhood that contains rental houses, even HOAs with other restrictions. As long as there are rental properties, there are Section 8'ers playing loud music at 2 AM, not cutting their grass, growing weeds, letting their dogs pee on their neighbors' lawns, having the cops come to the house, and throwing their trash around the streets, while the owners have to pay 3- and 4-figure HOA dues.
Brilliant!
So not are they ruining the dream of home ownership, and making rent money go down the toilet, but they are destroying decent neighborhoods.
Now, Dequarious Jenkins is going to go to school with your cute 16 y/o daughter...
Isn't he our new running back?
And that's already happening because of racial gerrymandering on the county level. Our county swept $100K off the value of the homes in our suburb —years ago—by gerrymandering the schools, even though we had many black professionals in our neighborhood who had moved there to get their kids out of the schools with drugs, knives and guns. So the helpful county began importing a majority of pupils from the guns'n'drugs jurisdictions. Now the suburban teachers can judge the kids of the black doctors and lawyers the same as the kids bused in from the ghetto because skin color.
I went to public school in Wilmington DE.
The closed the inner city schools and bused the retards into the suburban schools.
All they did was ruin three formerly good high schools.
The blacks were still complete failures in life.
Black rock is not a hedge fund and is largely retirement accounts for normal folks
I am sorry for all the kids. Children have individual needs and group needs; kids with disadvantages need specialized instruction suitable for their abilities; and more than that, Trump's program of bringing manufacturing jobs back to America was precisely what our entire nation needs to lift up distressed, fatherless communities, whether inner city or Appalachia. Men cannot be community or family leaders without meaningful work. Women cannot be content wives and mothers if the men are unable to take care of their children financially.
I remember after the Civil Rights movement gained momentum in the 60s and 70s, black men were making excellent pay in factories, especially in automotive and airline assembly—up to $50 per hour in some skilled trades. Then Clinton did NAFTA, and everything that once was so hopeful for the black community and the nation as a whole has become like Detroit.
He had plenty of help from the GOP.
They were better off decades ago. Even when not given full equal rights, they at least were married and stuck together.
Everyone is worse off now. (all races with respect to marriage and family bonds)
And, what’s preventing people from simply building more homes?
= = =
Increasing cost of materials, cost of permits and studies like environmental impact statements etc., changing building codes and requirements like adding mandatory solar to new homes in CA, and then finding labor itself to build it.
And that is just the tip of the (melting due to climate change) iceberg.
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