Description
I guess you haven't heard about the big investment houses and wealthy investment groups pooling billions of dollars to buy up single family homes to rent out. One group alone was trying to buy 1200 homes a month. Then these groups moved to apartment houses and now their buying up trailer parks and jacking the rents up. These groups had buying agents calling real estate agents to call them when they got a new listing and they would buy the property before it went public and promising to pay the agent the full 6% commission for their help. Then you add in the small investors buying houses to VRBO them and turn your quiet neighborhood into mini hotels. Warren Buffett even commented he would have been buying up homes if he could figure out how to manage all of them efficiently. Try reading the financial news, these stories about the buying groups and investment houses buying up properties were all reported. It is the wealthy who are causing the problem, they want you to work for them for as little pay as possible and then want to rent you a place to live at ridiculously high prices. They can never have enough money.
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