• absGeekNZ@lemmy.nz
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    1 year ago

    I read the article and really only the clickbait headline paints them as the villain, though that does colour the perception of the reader for the whole article.

    I found it basically bashing speculators and contrasting them with investors, which I tend to agree with. If you are treating it as a business and treating your people well then your business will likely grow as a result. My read would be that these people are doing well, precisely because they are doing a good job.

    I did find it funny that the 8 cases with the tenancy tribunal since 2000 when they owned 11 properties and now when they own 53, some of which will be multi-tenancy properties, shows that they are probably quite good at it. I’m speculating on that, but it seems like a low number considering the number of potential tenancies they have been involved with over the intervening 23 years.

    From a business risk point of view…I wouldn’t put all my eggs in one basket like that, if a major event happened in that area they would be extremely exposed.