Rent crisis is all our own making and same mistakes will be paid for by citizens
Super-rich entities have gathered up low-cost property to rent in a high rental market, planning to resell when high enough profit can be taken. A corporation from abroad has 2,000 apartments and plans making 600-650 more with the property it has here that it finds very profitable in the short to medium term to rent high before selling later in a buy-high market.
Wisely, it is being pointed that in such circumstances, banks will again be lending as before into a buy-high market. We know recently how that went.




