You realize that investors bought 24% of family homes last year? That creates a housing shortage for people trying to buy a house and forces then into renting or paying an exceedingly high price for a home.
Landlords do assume some risk but a ton of risk is inaccurate. Property values generally go up and finding a tenant hasn't been difficult in a very long time.
Yeah, landlords are doing fine. It's barely a "job". Real-estate taxes and other costs aren't jumping nearly as fast as the rates rents are being raised. In fact corporate landlords had record profits.
Having money to buy up multiple properties sit on them. That's an easy job if you have the money.
They don't even have to figure out what makes sense for rent prices. They use software.
13DGMHatch OP t1_j6a1by2 wrote
Reply to comment by movdqa in Rent just keeps going up by 13DGMHatch
Agreed!