this post was submitted on 22 Apr 2024
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A Boring Dystopia

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[–] skozzii@lemmy.ca 12 points 7 months ago

As someone who was brokering mortgages during the housing boom this is exactly what happened. Landlords were usually just 1 or 2 extra properties, the odd person owned an apartment block, but it was all in personal names.

Once the corporations game started is when prices went nuts and havent stopped. Stop the corporations from owning rentals and this will all be solved. Personal liability is about 20 properties as far as the banks are willing to lend someone, corporations are unlimited if the numbers check out , which when you control and manipulate pricing, it always will.