• 4 Posts
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Joined 1 year ago
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Cake day: April 7th, 2024

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  • The shortage is artificial. You’d know that if you read the links you requested and then downvoted without reading.

    Private equity bought excessive amounts of properties while interest rates were low during covid. They’re sitting on the properties to keep value high while slowly selling them off.

    That’s the whole reason Abbott and DeSantis proposed getting rid of property taxes and increasing state income tax. Then private equity could sit on those properties indefinitely.