[ajmurmann]

There are a lot of individuals who buy investment properties. I have friends who use this as their primary retirement vehicle and own a bunch of rental properties. They are just successful small-business owners and the properties are their private property, unrelated to the business. From last time I saw statistics on this, most rental units were still owned by small landlords.

[throwaway049]

Yes quite. But we were contemplating a future where small scale landlords were extinct.

[ajmurmann]

Why would they go extinct though? This makes no sense.