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    1. Dat_Ding_Da on

      Multinational investment firms need be excised out of the housing market.

      There’s a very deliberate price manipulation going on with those vultures buying everything above price to then rent it out for whatever they feel like. And since they are the only ones with any significant stock they dictate the market.

      The private house owners who are happy to see their own investment increase in value will be shafted next… the policy they voted for will bite them in the ass soon enough.

      Once they start selling at volume themselves in any significant number (preparing for retirement, downgrading to a smaller home etc) all the money will dry up and suddenly they’ll be getting offers at the real fair market value.
      Then the market crashes, big money buys houses for cheap, starts manipulating the prices to go up again and increases rent.

      The best thing is, they don’t even need to coordinate in some dimly lit backrooms, they just need to know what’s good for them and their “competitors” to carve up the whole market.

    2. earth-calling-karma on

      NAMAland rides again. I don’t suppose any of the Healy Raes will want their toast to land country-cut marmalade side down so they won’t have a word to say about this.

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