capitalism
capitalism
Out of context: Reply #753
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"Meet Your New Landlord: Wall Street
Big investors transform suburban neighborhoods by buying up single-family homes and renting them out"
"A new breed of homeowners has arrived in this middle-class suburb of Nashville and in many other communities around the country: big investment firms in the business of offering single-family homes for rent. Their appearance has shaken up sales and rental markets and, in some neighborhoods, sparked rent increases."
- Yup, it's going to be full-on renter nation. Here in Denver you'll need at least $750k to get a starter home anywhere near the city. It's crazy.formed
- Rich get richer, poor get poorerformed
- So fuckedinstrmntl
- From what I've read is also very very hard to get building permits for new housing :))
America is so fucking dumb when it comes to bureaucracy...********