Nope when you can’t afford to rent it out because you don’t have the capital or the attorneys to fight it, don’t worry. Blackrock/Vanguard will swoop right in and snag it. Once all the land and property is bought by the corporations that pay the liberal politicians and influencing judges the city/state will then miraculously have a change of heart. The rulings will be reversed.

There’s a saying. You may have heard of it.

“You will own nothing - and you will like it!”

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Posted by MikeyWM97

Ruston

Member since Aug 2022

179 posts

Posted on 2/12/24 at 9:57 am to NPComb

quote:
Nope when you can’t afford to rent it out because you don’t have the capital or the attorneys to fight it, don’t worry. Blackrock/Vanguard will swoop right in and snag it. Once all the land and property is bought by the corporations that pay the liberal politicians and influencing judges the city/state will then miraculously have a change of heart. The rulings will be reversed.

There’s a saying. You may have heard of it.

“You will own nothing - and you will like it!”

Man, you said it perfectly. I was thinking exactly this.

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Posted by CatfishJohn

Member since Jun 2020

13687 posts

Posted on 2/12/24 at 10:16 am to NPComb

quote:

Nope when you can’t afford to rent it out because you don’t have the capital or the attorneys to fight it, don’t worry. Blackrock/Vanguard will swoop right in and snag it.

Their margins and projected margins on rentals will be materially impacted as well. And they'll have to deal with the headaches too at a local level. I could see this having the opposite effect and there just being no real mass of rental properties at all. And it leading to more availability of housing to purchase.

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