• flooppoolf@lemmy.world
      link
      fedilink
      English
      arrow-up
      1
      ·
      1 year ago

      What separates us from the guys they write movies about is that they can explain “why is duh”

      • bemenaker@lemmy.world
        link
        fedilink
        English
        arrow-up
        2
        ·
        edit-2
        1 year ago

        Greedy people gonna greed.

        Wall street investors are buying up all the houses, outbidding the normal home buyers, causing housing prices to go up. Then using the tight housing market to raise the rent prices on all the rental properties they turned the houses they bought into.

        The original surge was covid lockdown, people who had money to buy, decided, “now is the time to buy, if i’m going to stuck at home for the foreseeable future,” and they did. Then the greedy mcgreedersons saw another opportunity to make more money.