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Satire is indistinguishable from stupidity (infosec.pub)

submitted 4 weeks ago by axEl7fB5@lemmy.cafe to c/whitepeopletwitter@sh.itjust.works

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https://nitter.net/MrPitbull07/status/1940063945945227383#m

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[–] gravitywell@sh.itjust.works 8 points 4 weeks ago* (last edited 4 weeks ago)

Why wouldn't they be able to make a profit? The demand for housing wouldnt be any lower, they just can't increase rent above what it was.

The barrier of entry would be lowered by greedier land lords deciding to sell rather than not being able to raise rent, so people who are slightly less greedy and willing to make only maybe a 300% profit instead of a 1000% profit would take over. Corporate landlords get flushed out to make room for smaller mom & pop owners.