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institutional investors decrease rents and hurt landlords
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dylan matthews 🔸
@dylanmatt
Good example of how easily abundance rhetoric can get hijacked by bad-faith actors: after some perfunctory YIMBY sentiment you move onto villains of the week that have no meaningful effect on rents (Wall Street owners) and policies to reduce supply (rent control) x.com/RoKhanna/statu…
David Watson 🥑
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Did you do any segmentation of communities with associations, without associations and or rental restrictions? Being a CAM in GA; these investors are known to search for HOAs with limited to no rental restrictions to buy property.
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California has the nation’s highest housing costs. Some blame a housing shortage; others, government policies. We sit down with experts to explore what’s driving costs and discuss the state-mandated Housing Development initiative and why some cities push back.
1:27
Why Housing Costs Are Still Through the Roof in California
From youtube.com
The abstract suggests institutional benefit renters. Why should the government weigh in against renters on behalf of owner-occupiers? (I don't actually know if you agree with Khanna or are just pointing out pertinent facts)