twopi , 8 months ago (edited 8 months ago)

You’re solution doesn’t solve the thing you’re trying to solve.

E.g.

There is a “mom & pop” landlord with just 10 properties. But they don’t purchase anymore. Now there are 1000 such landlords. The landlords all incorporate and create a REIT that owns 10,000 homes. You have created a “megacorp” through just “mom and pop” landlords.

What is the difference?

The true answer is the abolition of landlords in favour of housing coops and community land trusts.

To prove a point to you I’ll ask you a question.

What is the difference between the goal of small landlords vs REITs and “megacorps” represented by row 4 of the graph found here?:

www.smalllandlords.org/about-small-landlords/

The group is a small landlord group from my city.