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Re:Investors bought a quarter of US homes sold last year by nickff on Tuesday August 23, 2022 @03:44PM (#32570379)
If the extraction of rent over the long term is an issue, do you also consider the extraction of mortgage interest by out-of-state entities to be a similar problem? This is how investments work, people inject money in now, in the hopes of returns later; the hope is that in the meantime, the locals benefit, and are able to create the foundations of longer-term success.
Re:Investors bought a quarter of US homes sold last year by itake on Tuesday August 23, 2022 @07:19PM (#32572871)
I agree interest rates extract value, but that doesn't mean that its ok for rent to leave the local economy too.