This is not new.
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joined 2 years ago
Yep instead of lowering rent because your unit is unaffordable you just buy up and rent them all out creating housing scarcity and prices will increase right up until the point ppl can't afford to vacation anymore... Which is pretty much now anyway. Queue up all the BS stories. "Millennials/zoomers don't 'want' to vacation anymore"
The Snake is going to eat it's tail.
Weird I was looking for my 10mm yesterday and couldn't find it :(
They're not, and it's not new (it even says this in the article). They're the last to report it, its news bait because it's a hot topic. Now everyones clicked and they got their ad dollars.