Comment by HDThoreaun
1 hour ago
Housing is only a good investment when supply is constrained. These PE firms buy housing because they see that NIMBYs are in control. As they predict rents soon begin to rise. Youve got the cause backwards
1 hour ago
Housing is only a good investment when supply is constrained. These PE firms buy housing because they see that NIMBYs are in control. As they predict rents soon begin to rise. Youve got the cause backwards
What's to stop PE from supporting NIMBYism in markets they're part of?
Nothing -- but the crazy thing is that people vote for it, not that landlords support it.