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L.A. County wants to cap rent hikes at 3%. Landlords say that would push them to sell (www.latimes.com)

submitted 4 months ago by [email protected] to c/[email protected]

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[–] [email protected] 1 points 4 months ago (1 children)

I've been making the same point since my first reply to you. My position has never changed, which is a correction to your insinuation that the corporate ownership of single family homes as rental properties isn't ultimately a big deal because it's a small amount overall

Here's what you said:

This is doomerist myth. It's a miniscule fraction, go look up the actual numbers. Landlords selling their properties would be very good for everyone.

It's only a miniscule fraction NATIONALLY. That's why I said what I originally said about Atlanta in my initial reply, where there IS a very real problem of available inventory because 1/9 homes are owned by national corporations. It's not a myth for everyone.

Then you said my data was wrong (for which your own WP article said I was right,) which I already said was explicitly about the metro Atlanta area, not the nation. Then you double and triple downed with a pinch of condescension and dickishness. Then I called you a dumb cunt.

You could've just said "oops my bad, I misread your comment" which you either did or have just been trolling this whole time.

For what it's worth I do agree with you that landlords selling would be good, regardless of the local, regional, or national quantity of single family homes owned by national corporations. That was never in question for me. Just the first part.