• finitebanjo@lemmy.world
        link
        fedilink
        arrow-up
        1
        ·
        2 hours ago

        A lot of times they’re correct. Home maintenance is expensive, if it doesn’t get bought up and renovated it’ll just end up on an endless list of foreclosures.

    • Pika@sh.itjust.works
      link
      fedilink
      English
      arrow-up
      10
      ·
      edit-2
      13 hours ago

      the inability to be able to rent it at a profit usually. If they don’t think they can get money out of it, they won’t want to. If the economy hits a point where the housing market collapses, chances are they aren’t going to want to risk the buy in knowing that they likely won’t be able to sell for equal amount.

      Or the much faster method: the “scary” government regulating it