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Topic | Billionaire Monopolist Jeff Bezos Is Buying Up Single-Family Homes |
Tyranthraxus 09/26/22 3:58:16 PM #17: | Naysaspace posted... How is that not predatory against renters? You're lowering supply and driving up prices Housing market does not follow supply and demand like other industries. Necessities in general don't really follow supply and demand. Housing prices are predominantly priced based on luxury. A half rotted log cabin is cheap because it's a half rotted log cabin. If you demolish it and put a SFH with modern amenities in its place, it's worth more based on the improvements alone even though supply has literally not changed at all. --- It says right here in Matthew 16:4 "Jesus doth not need a giant Mecha." https://i.imgur.com/dQgC4kv.jpg ... Copied to Clipboard! |
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