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A comment on JPMorgan to spend $1B on rental homes in the US to become a megalandlord. Parent comment

Re:JPMorgan to spend $1B on rental homes in the US to become... by falcolas on Saturday December 31, 2022 @10:20AM (#34197176)
The demand for housing outstrips supply. There will be no competition.
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Re:JPMorgan to spend $1B on rental homes in the US to become... by nostrademons on Saturday December 31, 2022 @10:50AM (#34197466)
Then building new homes means that people who were previously homeless now get to rent. At exorbitant prices, yes, but most would say that is better than homelessness.
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Re:JPMorgan to spend $1B on rental homes in the US to become... by s1artibartfast on Saturday December 31, 2022 @10:52AM (#34197487)
There already is. Look around and you won't see any 1 BRs listed for 1M/month rent.
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