Feb 26, 2021
3:28:12pm
3:28:12pm
There is a demand for rental housing and it serves that. So you think all
renters have to live in apartments??? If there was not a demand for single family rentals then the market wouldn't exist. Your premise that it doesn't benefit society is strange and could be applied to all sorts of businesses.
The housing crash was primarily caused by pushing groups into home ownership that weren't previously qualified to afford it and then started a default on mortgages. Investors were the only people buying houses for a while or things would have fallen even more.
The housing crash was primarily caused by pushing groups into home ownership that weren't previously qualified to afford it and then started a default on mortgages. Investors were the only people buying houses for a while or things would have fallen even more.
Originally posted on Feb 26, 2021 at 3:28:12pm
Message modified by johnnybyu on Feb 26, 2021 at 3:29:44pm
Message modified by johnnybyu on Feb 26, 2021 at 3:30:27pm
Message modified by johnnybyu on Feb 26, 2021 at 3:31:19pm
Message modified by johnnybyu on Feb 26, 2021 at 3:32:23pm
Message modified by johnnybyu on Feb 26, 2021 at 3:38:05pm
Message modified by johnnybyu on Feb 26, 2021 at 3:44:58pm
Message modified by johnnybyu on Feb 26, 2021 at 3:47:58pm
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- johnnybyu
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Messages
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2/26/21 3:12pm
2/26/21 3:16pm
The answer for society is: build more homes. The answer for the individual is: move to places that you can afford.
2/26/21 3:42pm
2/26/21 3:59pm
2/26/21 4:07pm
"lots of young married couples unable to afford starter homes, and they live in cramped, bad rental housing".
2/26/21 4:33pm
2/26/21 4:47pm
2/26/21 4:55pm