Buying a house as an “investment” is what we call “scalping” in other businesses.
Actually, it’s called capitalism. Buying anything and selling it at a profit increases prices. Strange… but true.
Ganbat@lemmy.dbzer0.com 1 week ago
It’s all.
Buying a house as an “investment” is what we call “scalping” in other businesses. Not to mention the fact that this type of buying worsens housing prices and increases homelessness for personal gain, even on a small scale.
Buying a house as an “investment” is what we call “scalping” in other businesses.
Actually, it’s called capitalism. Buying anything and selling it at a profit increases prices. Strange… but true.
An increasing number of Americans are beginning to see the problems inherent in capitalism.
Indeed. And it’s been fascinating to see the logical inconsistency of “landlords bad but capitalism good”.
Allonzee@lemmy.world 1 week ago
Exactly. Housing is finite and other people live here too.