"We have seen corporate landlords—who own a larger share of the rental market than ever before—use inflation as an excuse to hike rents and reap excess profits beyond what should be considered fair and reasonable."
While that may be, companies should not be able to have a stronghold on what should be considered a basic human need. Housing is already in pretty short supply, and it’s worsened by the fact that these companies buy a considerable chunk of this short supply and then turn the purchased properties into rentals.
“Buying one home and charging 4x as much for it” is the actual problem, but I suppose you have your head in the sand by default when the large boot of capitalism is on your neck.
While that may be, companies should not be able to have a stronghold on what should be considered a basic human need. Housing is already in pretty short supply, and it’s worsened by the fact that these companies buy a considerable chunk of this short supply and then turn the purchased properties into rentals.
“buying one home and turning it into 4 home reduces the amount of homes” and other fun takes.
“Buying a house and renting it out to families that were wanting to buy it outright in the first place” FTFY
Oh I’m sorry, do 4 families generally get together and purchase a house as a collective?
People buy parts of buildings all the time. They’re called condos and multiplexes.
“Buying one home and charging 4x as much for it” is the actual problem, but I suppose you have your head in the sand by default when the large boot of capitalism is on your neck.
Strong disagree. People having homes where they otherwise would not is a feature, not a bug.
If you want prices down, you must increase supply