Hacker News new | ask | show | jobs
by HDThoreaun 30 days ago
Housing is only a good investment when supply is constrained. These PE firms buy housing because they see that NIMBYs are in control. As they predict rents soon begin to rise. Youve got the cause backwards
1 comments
ethbr1 30 days ago
What's to stop PE from supporting NIMBYism in markets they're part of?
link
solidsnack9000 30 days ago
Nothing -- but the crazy thing is that people vote for it, not that landlords support it.
link