Of course it is. Everyone in the US who’s watched TV in the last few years has seen companies and privileged individuals buying any privately owned property available for any reasonable price.
Are they reselling them? No.
Are they renting or leasing the worthwhile properties for outrageous rates? Yes.
Are they bulldozing lodgings and putting up apartments at every other opportunity? Yes.
Are they aiding the housing crisis by building new single family dwellings? No.
Are they forcing as many people as they can into rental lodging with decreasing prospects of those families and individuals ever owning their own house? Absolutely.
If they’re bulldozing lodgings and putting up apartments instead of building new single family dwellings, isn’t that helping the housing crisis by supplying higher density housing? Like you can house more people with less land?
Of course it is. Everyone in the US who’s watched TV in the last few years has seen companies and privileged individuals buying any privately owned property available for any reasonable price.
Are they reselling them? No. Are they renting or leasing the worthwhile properties for outrageous rates? Yes. Are they bulldozing lodgings and putting up apartments at every other opportunity? Yes.
Are they aiding the housing crisis by building new single family dwellings? No.
Are they forcing as many people as they can into rental lodging with decreasing prospects of those families and individuals ever owning their own house? Absolutely.
Honest question:
If they’re bulldozing lodgings and putting up apartments instead of building new single family dwellings, isn’t that helping the housing crisis by supplying higher density housing? Like you can house more people with less land?