samtresler t1_ishm88v wrote
Reply to comment by StAugustine94 in June Homes ‘Reinvents’ Having a Roommate and it Sounds Less Than Ideal by ME_Press
How are owners unnecessary middlemen?
If you can buy, no one is stopping you.
IvanIsOnReddit t1_ishz6lu wrote
Possible meaning: they will bid higher on a property because they have a higher purchasing power.
Alternative: corporate owner contracts a management company, management company takes a significant cut of the rent
StAugustine94 t1_isi0lil wrote
…except for all the landlords who buy everything out and rent them out for exuberant prices
samtresler t1_isinjkj wrote
If your problem with the housing market is, "someone else will pay more than me", it is with supply and demand, not specifically owners.
I sorta agree with you. NYC fails at its affordable housing mandate. Still not buyer's fault.
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