• IronBird@lemmy.world
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    8 hours ago

    personally, I’m just raiding this everything bubble for all the $ I can get my hands on, in the hopes I can get enough capital to start throwing down massive high-density high-quality affordable housing projects for sale to long-time local renters/first time home buyers exclusively.

    i have a theory about crashing localized housing markets via over-supply I want to test out. my hypothesis is that the parasitic renter-speculators, who probably took out loans or otherwise leveraged themselves to throw $ into the casino we call the stock/futes market, should end up distressed when they no longer have renters/are forced to lower rents due to competition.

    at which point I step in, buy their properties for cheap, then throw down more high-density, high-quality, affordable housing for local residents.