this post was submitted on 28 Feb 2025
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[–] wesker@lemmy.sdf.org 50 points 5 months ago (6 children)

During a collapse, what stops them from swooping in and buying up cheap property?

[–] OccultIconoclast@reddthat.com 1 points 5 months ago (1 children)

The belief that it'll stay cheap and they won't make money

[–] finitebanjo@lemmy.world 2 points 5 months ago

A lot of times they're correct. Home maintenance is expensive, if it doesn't get bought up and renovated it'll just end up on an endless list of foreclosures.

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