MrSquished
Lifer
- Jan 14, 2013
- 23,082
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I told him many landlords are small potatoes, but they are still considered investors. He just keeps railing against investor owned properties.Individuals and small businesses like LLCs aren't the problem. Investment firms and Hedge Funds are. There's a BIG difference, and it shouldn't be hard to write regulations that won't affect the little guys.
It's not THAT difficult. And no, it won't "end rental markets". Don't be ridiculous.
Also you do need some big developers in the rental market. Who is going to build big rental developments in desirable cities that need them?
Of course I believe in regulations on the big boys. And in commercial real estate too. I've said that as well.
It makes no sense to just rail against this large vague group of investors without significant clarification.
We need investment properties as a health rental market is important.
Step one is to build more housing where people want to live
