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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 spacemadness on Saturday December 31, 2022 @03:13PM (#34200275)
I think we’re all just completely forgetting that rent price is a function of where you live. Just throwing out numbers like this isn’t helpful.
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Re:JPMorgan to spend $1B on rental homes in the US to become... by the_gastropod on Friday January 13, 2023 @10:58AM (#34369564)
Yea, exactly. My $500k number was primarily for rent in NYC. $120k over 15 years averages $666/mo—an unlikely situation in NY, SF, etc.
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