Re:U.S. house prices are rising exponentially faster than in...
by eloisant on Saturday October 30, 2021 @03:46PM
(#29051762)
Yeah that sounds pretty different from other countries like France or Japan where there is no such distinction.
When a developer builds a housing building, they sell the apartments to people who will either live there or rent it to someone else. Then when the owners sell their apartment later, it can go from a resident owner to an investor, or the other way around.
As a result there is a mix of owners and renters in any condominium.
When a developer builds a housing building, they sell the apartments to people who will either live there or rent it to someone else. Then when the owners sell their apartment later, it can go from a resident owner to an investor, or the other way around.
As a result there is a mix of owners and renters in any condominium.