Comment on So many expensive homes

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RickRussell_CA@lemmy.world ⁨1⁩ ⁨year⁩ ago

The “investors” are the buyers/customers, and they aren’t reselling these houses–they’re renting them out.

Renting them out is still selling them, just another kind of selling. The company can only charge rent if there is a renter willing to pay. Again, the buyer determines price – if rent is too high, there will be no renters.

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