Wait a second. You think that if large-scale landlords have to sell property, that will magically make it harder for other people to buy it? Now now. You can do better.
I was having trouble understanding what you meant because you didn’t think about the obvious implications of millions of properties being unloaded in a short time.
If the number of landlords drastically increases, which would happen when you have mass property sales, then there’s more competition, and rent goes down.
Or, depending on your setup, the government seizes some of the properties that people refuse to sell, and turns them into public housing. This also drives rent down.
So then, what happens? Oh yeah, both buyers and renters win. Was that clear enough? Perhaps I should write in all caps.
There’s very few cases where renting is the best option, and for that group they usually are well off enough to have options.
Society is concerned with folks who can’t afford to buy a home right now, even with the mortgage price being less than the cost to rent in some cases. That group has no other options, and because that group is expanding at the moment, its increasingly likely to be affected either personally or via those in your community.
Wait a second. You think that if large-scale landlords have to sell property, that will magically make it harder for other people to buy it? Now now. You can do better.
Buying would be easier, renting not so much. They are different markets.
I swear, these people are functionally illiterate. Thanks.
also, I said EASIER TO BUY.
EASIER TO BUY.
HARDER TO RENT.
Can you hear me now?
I was having trouble understanding what you meant because you didn’t think about the obvious implications of millions of properties being unloaded in a short time.
If the number of landlords drastically increases, which would happen when you have mass property sales, then there’s more competition, and rent goes down.
Or, depending on your setup, the government seizes some of the properties that people refuse to sell, and turns them into public housing. This also drives rent down.
So then, what happens? Oh yeah, both buyers and renters win. Was that clear enough? Perhaps I should write in all caps.
false.
TO RENT IT. jfc. I said rent. what the hell is wrong with you?
There’s very few cases where renting is the best option, and for that group they usually are well off enough to have options.
Society is concerned with folks who can’t afford to buy a home right now, even with the mortgage price being less than the cost to rent in some cases. That group has no other options, and because that group is expanding at the moment, its increasingly likely to be affected either personally or via those in your community.
false.