Comment on Ask HN: When will car prices normalize?parentComments−tonyedgecombe4yLandlords leverage their easy access to capital to extract rent from those without. It looks parasitic to me.−HeyLaughingBoy4yOr you could view it as performing a service for those who don't have that easy access to capital.−swagasaurus-rex4yYou could also view it hoarding supply for a limited resource, driving up rent and transferring wealth from the poor to themselves for no additional value.
Comments
Landlords leverage their easy access to capital to extract rent from those without. It looks parasitic to me.
Or you could view it as performing a service for those who don't have that easy access to capital.
You could also view it hoarding supply for a limited resource, driving up rent and transferring wealth from the poor to themselves for no additional value.