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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 parineum on Saturday December 31, 2022 @12:49PM (#34198798)
> It’s essentially a Ponzi scheme

It isn't, at all. The increase in prices is tied to increase in GDP, interest rates and disposable income. Unless you think investing is a Ponzi scheme.

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Re:JPMorgan to spend $1B on rental homes in the US to become... by crote on Saturday December 31, 2022 @12:55PM (#34198849)
The problem is that this isn't true. Since 1965, home prices have increased 7.6x faster than income.[0] This obviously cannot continue indefinitely (that'd lead to everyone spending >100% of their income on housing), so at some point the price increase will have to stop.

[0]: https://www.realestatewitch.com/house-price-to-income-ratio-...

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Re:JPMorgan to spend $1B on rental homes in the US to become... by BenFranklin100 on Saturday December 31, 2022 @03:08PM (#34200228)
You’re not even wrong.
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