Re:19% of California houses are owned by investors
by mandelbrotwurst on Wednesday August 06, 2025 @04:14PM
(#44817154)
The article does state they were included, but is it "obviously" true that they should be? Who is more of an "investor", someone who purchases a primary residence to build equity or someone who purchases a second home to vacation in, spending large amounts of money to maintain it and allowing it to sit empty for large amounts of time?
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Re:19% of California houses are owned by investors
by jimbokun on Wednesday August 06, 2025 @11:45PM
(#44820375)
The latter.
Re:19% of California houses are owned by investors
by mandelbrotwurst on Thursday August 07, 2025 @10:30PM
(#44832798)
In what sense? An investor seeks a return on their investment. The former achieves this. The latter spends money for pleasure. I suppose you could argue that they are an investor seeking non-monetary return, but in that sense everyone is equally an investor, just with different goals.