Re:Investors bought a quarter of US homes sold last year
by aprdm on Tuesday August 23, 2022 @02:54PM
(#32569508)
IMO extra properties should be heavily taxed. Say you have more than 3, it should basically not be profitable anymore. No one wins if people are hoarding houses
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Re:Investors bought a quarter of US homes sold last year
by BeetleB on Tuesday August 23, 2022 @03:22PM
(#32570019)
Would a duplex count as one property or two? How about a 4-plex?
Would this apply to apartment complexes as well? As in, it won't be profitable to own more than 3 complexes? Would that result in most capital going into megacomplexes and fewer people wanting to buy small apartment complexes with only, say, 10 units?
Not disagreeing with you, but there are nuances involved.
Re:Investors bought a quarter of US homes sold last year
by wyre on Tuesday August 23, 2022 @04:04PM
(#32570709)
Ya I think per building would be a good metric. We need higher density housing. Megacomplexes accomplish this.
Re:Investors bought a quarter of US homes sold last year
by logisticseh on Tuesday August 23, 2022 @03:04PM
(#32569690)
Totally agreed. Petite landlordism is causing is a LOT of economic damage to Gen Z and even younger millenials. It's a much larger problem than REITs, IMO.