• GCostanzaStepOnMe@feddit.de
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    1 year ago

    The housing market for rental properties doesn’t just exist. It is is explicitly financed by the profit motive of renting, e.g. as real estate securities for the well-off upper middle class, or more likely, huge real etate companies. Now maybe there are some parts of the world where building companies just throw up houses and landlords scalp them off (suburbs in Australia I think) but I don’t think that’s the case in general.