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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 ehnto on Saturday December 31, 2022 @11:17AM (#34197786)
Traditional property developers don't usually hold onto the properties they build, they sell them off. Even skyscrapers sell off their apartments and commercial sections. Maybe some don't now, but I think that might reflect a shift from building being most profitable to renting being most profitable. In that case, eventually a renting-developer would lose incetive to build more as not to dilute their rental margins.
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Re:JPMorgan to spend $1B on rental homes in the US to become... by scarface74 on Saturday December 31, 2022 @11:55AM (#34198244)
And the people buying them also have profit incentives. Whether JPM is doing it to profit from rentals directly or with the expectation that some future buyer won’t make a difference.

But it’s illogical by any standard economic model that any supplier will not build more units if they see it can bring in more money. Either they build more or someone else does.

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