I have realised over my life. Hard work and honesty and good morals don't get you any capital in this world.
Rich people are not hard working....they are greedy. The exception is that they worked hard....the rule is they cheated....
Show me a rich person and I will show you incompetences and ignorance to match their wealth.
Now they don't. B Laughable. Lies. Bs. They inflate the market. Destroy supply and ruin ratio of demand..end of story.
Absolute nonsense, they put a downward pressure on rents. I was once a student and the only apartments offered on campus were 2.5x higher than what was offered by individual landlords renting rooms and one bedroom apartments in the city were 2x more than renting a room from a landlord who split up his house. It was individual landlords that made it possible to live and go to school there. Period. And 100% of us students needed to rent there and not buy.
Or do you expect everyone to buy a property in whatever city they go to college in or get hired in? Please answer.
Are hotels and airbnb banned under your model as well? Same principle applies.
Not at all...in fact you highlight the side effects of the massive landlords.....ie...who do you think was marking those prices up .... Doy