• bss03@infosec.pub
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    1 day ago

    Yeah, I’m all for more legislation and regulation to try to address this issue, it just won’t be quite as simple as the comment I replied to.

    Also, I think landlords should support such legislation, because the alternative I see is violence toward landlords (which I don’t [yet] advocate).

    • IronBird@lemmy.world
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      21 hours ago

      personally, I’m just raiding this everything bubble for all the $ I can get my hands on, in the hopes I can get enough capital to start throwing down massive high-density high-quality affordable housing projects for sale to long-time local renters/first time home buyers exclusively.

      i have a theory about crashing localized housing markets via over-supply I want to test out. my hypothesis is that the parasitic renter-speculators, who probably took out loans or otherwise leveraged themselves to throw $ into the casino we call the stock/futes market, should end up distressed when they no longer have renters/are forced to lower rents due to competition.

      at which point I step in, buy their properties for cheap, then throw down more high-density, high-quality, affordable housing for local residents.