this post was submitted on 19 Mar 2024
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It’s not a lack of understanding, it’s just that you’re omitting another huge group that is the other half of the corporation problem and also involves private landlords.
The person who owns a duplex and lives in one of the two units is not a problem. A business owner with a taxpayer above their storefront is not a problem.
But the large group of private landlords that buy up single family homes with the sole intention of turning them into forever-rentals are a huge problem and a much larger group than the niche private landlords you mentioned. These people don’t get a pass for doing the exact same things the corporations are doing but on a smaller scale. These people live in their own single family homes, which are financed by denying other people the chance to buy their own by removing them from the housing market and turning them into price-gauging forever-rentals.