I understand what their ideology is, I’m making the point that it’s stupid and illogical.
I personally think it’s a bit melodramatic. There’s a world of difference between renting your spare room, or the 2nd floor of your house, and a hedgefund buying 20,000 single family houses.
I agree with you, but that’s also kind of my point. I don’t have an issue with nuanced takes like this. There’s clearly a difference between mom and pop landlords who own duplexes or a second house to help them out and Blackrock buying up entire neighborhoods to purposefully manipulate market prices. We can agree that the former is fine, and the latter isn’t. But at the same time we can also acknowledge that the issue is not inherent to markets, private ownership, or renting, these bad practices are a byproduct of poor policy.
I understand what their ideology is, I’m making the point that it’s stupid and illogical.
I agree with you, but that’s also kind of my point. I don’t have an issue with nuanced takes like this. There’s clearly a difference between mom and pop landlords who own duplexes or a second house to help them out and Blackrock buying up entire neighborhoods to purposefully manipulate market prices. We can agree that the former is fine, and the latter isn’t. But at the same time we can also acknowledge that the issue is not inherent to markets, private ownership, or renting, these bad practices are a byproduct of poor policy.