I think some of this stems from income inequality and access to a lot data. so those with extra money are looking to real estate as an investment, and the data allows them to extract maximum money from people till they break.
I'm in the Boston area. Living in a place I couldn't afford if I hadn't bought it 10 years ago. I'm wondering how much of this squeezing maximum profit from renters hurts local businesses as they're profits go to rents, and the people living in the area can't afford things because of high rents.
I'm in the Boston area. Living in a place I couldn't afford if I hadn't bought it 10 years ago. I'm wondering how much of this squeezing maximum profit from renters hurts local businesses as they're profits go to rents, and the people living in the area can't afford things because of high rents.
I think a political solution is inevitable.