return2ozmatoNews@lemmy.world·4 months agoL.A. County wants to cap rent hikes at 3%. Landlords say that would push them to sell(www.latimes.com)external-linkarrow-up1868arrow-down114message-square334file-textfedilink
arrow-up1854arrow-down1external-linkL.A. County wants to cap rent hikes at 3%. Landlords say that would push them to sell(www.latimes.com)return2ozmatoNews@lemmy.world·4 months agomessage-square334file-textfedilink
minus-squareRememberTheApollo_arrow-up18arrow-down0·4 months agolinkfedilinkOk. So they’re playing the old game of leveraging assets (properties) to buy more and painting themselves in a corner because of rates. Well, fuck these serial buyers squeezing the market. Hope they do get forced to sell.
Ok. So they’re playing the old game of leveraging assets (properties) to buy more and painting themselves in a corner because of rates. Well, fuck these serial buyers squeezing the market. Hope they do get forced to sell.