Re:Oregon passed sweeping housing crisis laws
by wpietri on Saturday July 20, 2019 @09:12PM
(#20489342)
> If it was true the gigantic Walmart could completely dick me around when buying socks and toilet paper. In reality prices are very competitive.
If you switch TP vendors, that's not a big deal for either Walmart or you, so yes, prices are competitive. But if you switch housing, you are switching 100% of your housing, which will be ~30% of your total budget. I've had 13 landlords, and not one of them has had only one unit. And small-time landlords tend to have other work, so regardless, it's a much smaller deal to them to have a tenant move.
> It also completely ignores that fact that most landlords are small operations, and often the tenants are richer than their landlords.
I look forward to your citations on both points.
I'm sure the average landlord doesn't own more than, say, 10 units. But in major markets there are a small number of large rental companies, so I suspect the average unit is not owned by a small landlord.
I'm entirely skeptical about your claim that tenants are "often" richer than landlords, but would be happy to be corrected with data.
If you switch TP vendors, that's not a big deal for either Walmart or you, so yes, prices are competitive. But if you switch housing, you are switching 100% of your housing, which will be ~30% of your total budget. I've had 13 landlords, and not one of them has had only one unit. And small-time landlords tend to have other work, so regardless, it's a much smaller deal to them to have a tenant move.
> It also completely ignores that fact that most landlords are small operations, and often the tenants are richer than their landlords.
I look forward to your citations on both points.
I'm sure the average landlord doesn't own more than, say, 10 units. But in major markets there are a small number of large rental companies, so I suspect the average unit is not owned by a small landlord.
I'm entirely skeptical about your claim that tenants are "often" richer than landlords, but would be happy to be corrected with data.