The man is right. The North Carolina General Assembly needs to act:
Dave Ramsey Supports Limits On Corporate Ownership Of Single Family Homes, Airbnb’s
4 thoughts on “Dave Ramsey Supports Limits On Corporate Ownership Of Single Family Homes, Airbnb’s”
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Indeed…
He spoke with great clarity and authority, Fred. Our legislators need to listen.
I would argue that a big reason for price increases and the treatment of houses as rental investment properties is the fact that we are on a fiat system which inevitably results in devaluation of our money due to endless printing by the government. If we had a sound money system, I suspect there would be less of this.
There is no doubt, Outlaw, that capital has been driven to real assets because of the belief that governmental deficits and spending are not being addressed and therefore we are going to see more inflation and devaluation. The fiat system is obviously part of what enables this. So the “smart money” has been investing in precious metals, real estate, other real assets and crypto.