Snownel t1_ja8g60f wrote on February 27, 2023 at 4:54 PM

Reply to comment by tipperzack6 in Who here owns residential and rents it out? thinking of buying a two-family in Rahway as it is getting very cute there. by [deleted]

Are you being serious here? Have you looked at the housing market turnover in the past few years? Do you seriously think housing is just sitting around vacant and unsold, and the solution to that problem is landlords?

tipperzack6 t1_ja8oetp wrote on February 27, 2023 at 5:46 PM

The solution is buy whole single family blocks and knock them all down and build 5 story density 2-3 bedroom apartments. Do that till rent prices are 1000 average.

But that will never happen. A maybe possible solution is take single family homes and make them into double family. That could double the housing stock of an area within 6 to 10 months.