this post was submitted on 04 Sep 2023
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Its no word game, this is layman's terms, rental properties are bought by investors. I just dont get why unincorporated investors also sucking up money get a pass.
Because it's greatly dependent on context. Someone with an ADU in their own back yard charging below market rent to a tenant (real life situation one of my friends is in, as the renter) is wildly different from Bill at the investor's meeting demanding they raise rent again because he wants to buy a fourth mansion. Investing any real energy in decrying the former while the latter still exists just seems like a stupid waste of time to me.