/biz/ - Business & Finance

>>55233336
>>55241778
>housing will crash
>small landlords are getting regulated out of the market

are your real estate companies in canada that are buying up all the property there actually canadian?

in minneapolis after george floyd a lot of legacy companies pulled out, and international developers (based in USA) moved in to fix the buildings up as apartments, or demolish them and put up inexpensive concrete paneled microsoft xcel residential buildings. the only ones that could expose themselves to the risk were the large out-of-state companies. we even nowadays have new suburban neighborhoods being constructed where you're not allowed to buy the homes, only rent them, new. i imagine they'll be opened up for sale in a decade or so once their value is harder to appraise accurately :-\ picrel

everything seems set up against small homeowners now. the government wants to work with companies more than they want to deal with people.