Comment by chrsw
6 days ago
This is the big problem with treating your home as an investment. People who just want a place to live near where they work now have to play this game too. And it's not cheap game.
6 days ago
This is the big problem with treating your home as an investment. People who just want a place to live near where they work now have to play this game too. And it's not cheap game.
That was what rentals were supposed to be. And then there was also such a thing as a "starter home". From what I see in Omaha, it's the developers that got greedy — figuring they could get more dosh turning a higher-end home than a starter home on the same lot.
That’s not greedy though? Are you greedy if you build more valuable software and then charge more for it?
Of course it's greed. The question is how ethical the greed is in a given situation. If it's luxury software, no problem. If it contributes to a housing affordability issue, not so much.