Scott Debevic
2 min readOct 18, 2021

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Multinational companies/public companies have competitive advantages in financing and funding. Take Blackrock who own an estimated $60 billion in real estate assets. This creates massive concentration and benefits shareholders and executives within Blackrock. Plus if something happens, the government is more likely to bail out Blackrock than mom & pop landlords.

You also have companies like Zillow and Redfin buying up properties and they take on less risk than normal people because they can issue stock and have inflated valuations. They also have a competitive advantage in reselling/renting properties because they control the marketing.

It would be much better to have a nation of property owners. This won't happen because some people prefer not to be property owners or aren't financially responsible/able to be property owners.

If you read my past comments, I lost money on my rental. Both on monhtly payments and the value I sold it for considering the amount I spent on improvements. The renters paid less than my mortgage. They, nor their rent, paid for the repairs.

I don't want to rent because it's not preferable to me. But don't just assume mom & pop landlords all make money.

My guess is that property prices will continue to increase as population has grown faster than the housing supply. Additionally, fiat currencies are losing value by the day so homes will cost more whether they be priced in dollars, euros, yen, pesos, or any other fiat currency.

I'm not saying that this is right. I'm saying that blaming the landlord as being some greedy Scrooge is pointing the finger at the wrong person.

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Scott Debevic
Scott Debevic

Written by Scott Debevic

My goal is growing wealth and earning passive income. Mainly focused on Bitcoin and crypto. Feel free to contact me at: scottdebevic@gmail.com

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