I don't think logic supports the conclusion that "big Wall Street firms" buying up houses would make rents go up. If anything, more properties being rented should lower rents. The article says that rentals were hard to find—well, I guess that explains why they're expensive. And apparently buying is cheaper—I guess more people want to ren…
I don't think logic supports the conclusion that "big Wall Street firms" buying up houses would make rents go up. If anything, more properties being rented should lower rents. The article says that rentals were hard to find—well, I guess that explains why they're expensive. And apparently buying is cheaper—I guess more people want to rent, maybe they don't want to commit or don't have money saved for the down payment.
I don't think logic supports the conclusion that "big Wall Street firms" buying up houses would make rents go up. If anything, more properties being rented should lower rents. The article says that rentals were hard to find—well, I guess that explains why they're expensive. And apparently buying is cheaper—I guess more people want to rent, maybe they don't want to commit or don't have money saved for the down payment.