Although, like economic figures, this tends to be concentrated. It would not surprise me if a hundred of those clients were managing 20k or more units apiece.
Comment on With Shared Software, Landlords Are Teaming Up to Raise Rents
bob_lemon@feddit.org 1 month ago
over thirty-one thousand landlord clients managing over 19.7 million rental units
In case anyone is still wondering why housing is fucked, this is it right here. That’s an average of over 600 rental units per landlord.
People renting out their old house for a small profit are not the issue. Like a lot of things, it really only breaks once corporations get involved.
Mirshe@lemmy.world 5 weeks ago
Dnb@lemmy.dbzer0.com 1 month ago
Yep and it just compounds. The money they make they buy more houses driving prices up so they make more.