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  • 46 Comments
Joined 1 year ago
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Cake day: July 9th, 2023

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  • corporate landlords

    OK, maybe I was too quick to judge. See, in my country most landlords own 1-3 apartments which they rent out. That includes new construction. The idea of “corporate landlords” is not very common here.

    If there’s no way a person willing to be such a 1-3 apartments’ landlord can buy realty to rent out in USA - then you may be right.

    If there is, then my position doesn’t change.

    We are talking about 100x profit vs 10x profit for developers.

    You are saying that rent a landlord collects from an apartment in 10 years (you may make it 5 years or 20 years, should be the span of time in which landlord’s investment should return) is 10x the price for which the landlord buys it? That is, what you pay to a landlord in 1 year is the cost of the apartment plus utilities plus decoration plus furniture? I suspect this is not true.




  • Except highers supply doesn’t bring prices to same level.

    If there are no artificial limitations to supply, and no demand growth, it eventually will. Eventually as in time of regulation.

    The only reason prices are 10 times bigger is because landlords ready to pay those prices.

    They are ready to pay those prices because their tenants are ready to pay the prices they, in turn, offer. Which means that they don’t inflate demand.

    Hahahahahhaaha. I’m not sure if you really think that way or only pretending.

    You are illiterate in economics. I really don’t get why do you think putting “laugh” in text would negate that.



  • You mean you’d pay the same amount for a house as a landlord pays? But you can do that now, why don’t you?

    Has nobody ever informed you that growing demand leads to price growth only if supply grows slower? But if prices grow, then supply does also grow faster. These are feedback loops.

    Which means that what a house costs now it would cost still, after a short transient process.

    “Suck all supply”, my ass. You mean that you’d buy that house for 1/10 of what the landlord has paid for it, because it’d just be there, like a mushroom after rain? It wouldn’t get built, dummy, cause it wouldn’t be worth the money.










  • Most of social media has been like this for me since forever, same with RL groups I don’t choose, like school or university, frankly.

    Their intention is to value a separate person with their statement as little as possible (in extremes as little as themselves). Your comment isn’t supposed to be considered an individual thought, it’s supposed to go into predetermined classification, using some key words.

    People with little brain power would simply feel themselves bad without such classification. While with it they can deceive themselves that their “yeah sure we believe you lol” is equivalent to a proper expression of your thought materialized in words.

    Other than that, reading texts is a rare pastime for some.