I think institutional buyers should be limited on the number of single family homes they can own. That said, there is a significant slice of the populace that should not be home owners. They simply aren't responsible/motivated enough to take care of such property. Or they flat don't realize how much all of the hidden expenses are going to cost them. It isn't just the principle, interest, taxes and insurance.
I think institutional buyers should be limited on the number of single family homes they can own. That said, there is a significant slice of the populace that should not be home owners. They simply aren't responsible/motivated enough to take care of such property. Or they flat don't realize how much all of the hidden expenses are going to cost them. It isn't just the principle, interest, taxes and insurance.