I'm pretty sure investors are persuaded by money and little else — if renting is profitable they'll build rentals.
> if renting is profitable they'll build rentals
The point is it's difficult and expensive to build in America. The core competency of construction in most cities is knowing how to grease the community boards', planners', affordable-housing advocates' and permitting offices' palms.
alt Hacker News
> if renting is profitable they'll build rentals
The point is it's difficult and expensive to build in America. The core competency of construction in most cities is knowing how to grease the community boards', planners', affordable-housing advocates' and permitting offices' palms.