• Cobrachicken@lemmy.worldEnglish
    0·
    26 days ago

    Could you explain? Why would it be profitable not to rent and generate cashflow? Because they speculate on rising building prices? That may only be true in a very few high value areas.

    • ddplf@szmer.infoEnglish
      1·
      26 days ago
      • inflating prices by limiting the supply, you don’t even need to rent your real estate, you get insane gains just via appreciation
      • radically pro-tenant laws are primarily rewarding unlawful tenats by making them impossible to evict even for extreme negligence, which discourages landlords from offering their unused properties
      • no laws to force landlords to rent their unused properties or discourage from purchasing additional estate just to hold them as assets