[HN Gopher] Wall Street Investors Enter Single Family Rentals
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       Wall Street Investors Enter Single Family Rentals
        
       Author : mooreds
       Score  : 3 points
       Date   : 2024-11-04 19:35 UTC (3 hours ago)
        
 (HTM) web link (arpitrage.substack.com)
 (TXT) w3m dump (arpitrage.substack.com)
        
       | onecommentman wrote:
       | Selling your house to a local family rather than an "investor" is
       | pretty close to an Absolute Good. Putting a condition in your
       | will that any housing asset in your estate is only to be sold to
       | local families is a pretty trivial way to do a good deed, which
       | you may be in some need of (on the other side).
        
         | Dig1t wrote:
         | (Playing devil's advocate, I agree with you personally)
         | 
         | Unless the investor is willing to pay significantly more than a
         | local family, this could deprive your heirs of money that they
         | otherwise would have received.
         | 
         | Especially in a world of decreasing social trust, people are
         | less likely to do something for the benefit of their neighbors
         | or community and more likely to make purely selfish choices for
         | themselves and their family.
        
           | lumost wrote:
           | It's unlikely that an investor will pay significantly more
           | than a non-investor for a liquid asset. There is certainly
           | _some_ premium, but a large premium would imply something
           | very strange about housing as a market.
        
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       (page generated 2024-11-04 23:01 UTC)