Memes

45601 readers

1883 users here now

Rules:

Be civil and nice.
Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago

MODERATORS

[email protected]

632

Parasitic (lemmy.ml)

submitted 1 year ago by [email protected] to c/[email protected]

123 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 14 points 1 year ago

Yes. The only reason they are able to do that is because they have money. They arent building homes though, they are buying up existing starter homes and renting them at twice the mortgage rate and building a portfolio of houses they rent, taking thoze homes out of the market for potential homebuyers indefinitely. Literally being leeches and freeloaders off of the labor and wages of folks they priced out of home ownership, by making it harder to buy a home.