b-boy bouiebaisse

@jbouie ↗

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Last Checked Oct. 11, 2022

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Mon Oct 03 11:45:27 +0000 2022

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b-boy bouiebaisse @jbouie

@samthielman Like, a Russian oligarch might buy a condo to park his investments, but for a money-making operation it makes no sense to leave a huge amount of cash on the table when you could have that cash AND the appreciating values. — PolitiTweet.org

Posted Oct. 3, 2022

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b-boy bouiebaisse @jbouie

@samthielman But the OP is right that even institutional investors still rent the homes out because there is no actual value in keeping them empty, since they are going to appreciate regardless. — PolitiTweet.org

Posted Oct. 3, 2022

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b-boy bouiebaisse @jbouie

@samthielman Even in New York though, there is a clear gap in housing, if you measure the gap by growth in jobs versus growth in housing units. Not as bad as SF, but well below what you would need to even begin to stabilize market rate prices. — PolitiTweet.org

Posted Oct. 3, 2022