[renewiltord]

I actually really enjoy the rush of private equity into things like housing and veterinary clinics. The thing with these industries is that it was distributed protectionism. Some people were either running a licensing protectionism operation or a political protectionism operation. Now, private financial firms are exploiting that gap which is making it visible.

There's no difference between the guy who's all like "Why should I let my property values drop?" and the firm who bought the home next to him with the same mindset. The outcome is the same.