• Billiam@lemmy.world
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    11 months ago

    Because I believe, in general, landlords are a bad thing.

    This guy is getting priced out of the market by big money hedge funds the same way he prices out families looking to buy their single homes. Making housing “affordable” by increasing the supply of new houses disproportionately benefits the wealthy. After all, if you have $100 million you want to spend on property ownership, would you rather buy one hundred $1 million properties, or one thousand $100,000 properties of the same size?

    You want to make housing affordable? Stop letting parasites like these buy dozens of houses.

    • KevonLooney@lemm.ee
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      11 months ago

      Making housing “affordable” by increasing the supply of new houses disproportionately benefits the wealthy.

      • Arbiter@lemm.ee
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        11 months ago

        Some people need to imagine how they can get cheap thingies while the people who they bought from still make a profit. Does this matter? With cheap houses they will have many children which will push for more houses until either the earth becomes just houses or their demands are squashed and they become sardines.