Quote:
Originally Posted by headhorse
i'm fine with people working hard and making money, thats great, I have an issue with landlords and people inflating the prices of houses in the market with investment properties. landlords contribute nothing to the economy. investment properties do nothing good for the housing market.
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What do landlords have to do with the contempt you spewed at investors of syndicated mortgages? These syndicated mortgages (in theory) are going to fund the construction of a condo building, has nothing to do with investment properties.
Not to mention as was explained above, not everyone has the wherewithal, or the desire to own a home. Rental options provide housing for such people.