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Reply to "To the SFH landlord "investor" in AU Park"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]If you want to slow down this sort of thing, advocate for laws that dramatically increase taxes on rentals to encourage owner-occupants. Just remember that landlords are much better organized.[/quote] Why do we want to make renting any more expensive than it is? Crack down on slum lords, of course, but what's wrong with a well maintained rental?[/quote] By that theory, we should give landlords even more tax breaks so that their costs come down further. While we're at it, maybe we should also further incentivize foreign investment in U.S. real estate. The problem with "a well maintained rental" (and with foreign investment in U.S. real estate) is that it reduces the supply of houses for people to purchase. Hedge funds have bought a crazy number of houses in the past few years to turn them into rentals.[/quote]
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