Viewing a single comment thread. View all comments

StAugustine94 t1_ishdxho wrote

Landlords are already a middleman who is unneeded lmao, this shit is a nightmare

−5

samtresler t1_ishm88v wrote

How are owners unnecessary middlemen?

If you can buy, no one is stopping you.

4

IvanIsOnReddit t1_ishz6lu wrote

Possible meaning: they will bid higher on a property because they have a higher purchasing power.

Alternative: corporate owner contracts a management company, management company takes a significant cut of the rent

2

StAugustine94 t1_isi0lil wrote

…except for all the landlords who buy everything out and rent them out for exuberant prices

0

samtresler t1_isinjkj wrote

If your problem with the housing market is, "someone else will pay more than me", it is with supply and demand, not specifically owners.

I sorta agree with you. NYC fails at its affordable housing mandate. Still not buyer's fault.

3