Funny how it’s never supply and demand anymore, it’s always “corporations” like that would make a difference.
There’s a shortage of housing and it doesn’t matter who owns it.
Gahhh, people are ignorant.
*******
Real estate companies have always been around, they also multiple when real estate valuations get extravagant.
As far as ignorant people go, the girl in the article named Kaylee isn’t the brightest bulb.
Kaylee was willing to pay $1590 month for rent while looking for a roommate. She couldn’t find a roommate and left the rental when her rent went to $1700. She didn’t understand how little old ladies & blue collar workers could afford the high prices.
Kaylee doesn’t understand that ‘those people’ already own their homes & bought them at a lower valuation in an earlier time period.
I got a direct phone call last Wednesday-—Asked for me by name.
A person with a firm Hindu or Philippines voice asked my “IF I wanted to sell my house for cash”. I live rural on 5+++ acres.
I said I would take $30 MILLION CASH-—NO LESS....
Small pause-—hang up.
I keep getting written notes in the mail from OUT of State.