|
|
|
|
|
by onlyrealcuzzo
1837 days ago
|
|
Landlording is not the problem. Not everyone wants to own the place they live in. Lots of people plan on only being in a location for a year or two or four, and would rather just rent. Some people would just rather rent indefinitely. The problem is free handouts for homeowners in general. The handouts entice the landlords, because for the last 30 years with the exception of 3 years (2005-2008) - housing on leverage has absolutely destroyed equities as an investment. If you got rid of the handouts, this wouldn't be the case. Then you wouldn't have people like Blackrock gobbling up houses. They'd just be buying equities (the things that are supposed to be investments?) instead. |
|