Personal Finance

3748 readers

1 users here now

Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. Join our community, read the PF Wiki, and get on top of your finances!

Note: This community is not region centric, so if you are posting anything specific to a certain region, kindly specify that in the title (something like [USA], [EU], [AUS] etc.)

founded 1 year ago

MODERATORS

WandererLagomorph799@lemmy.ml

nieceandtows@programming.dev

nieceandtows@lemmy.ml

Homebuying activity is falling off a cliff (On a yearly basis, pending transactions were down by 18.7%) (finance.yahoo.com)

submitted 11 months ago by Blaze@discuss.tchncs.de to c/personalfinance@lemmy.ml

11 comments fedilink hide all child comments

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

[–] tburkhol@lemmy.world 7 points 11 months ago

Big rental corps will absolutely sell buildings when they think rents are too low. They'll sell them in bulk to some other big rental corp, though, not piecemeal, one-by-one, to owner residents. Too much overhead and time in a couple hundred individual transactions when you can just do one deal.