Considering how crazy expensive accommodations have become the last couple of years, concentrated in the hands of greedy corporations, landlords and how little politicians seem to care about this problem, do you think we will ever experience a real estate market crash that would bring those exorbitant prices back to Earth?
Airbnb type situations is part of the problem too. They’re buying apartment buildings to rent out as airbnb’s. Those need to be regulated and corporations can only buy above a certain amount (maybe 10-30) or be regulated as a hotel.
Yes, that too.