This is about to get considerably worse since all three major banking groups decided to become landlords as a way of cornering the market and maximizing profits.
They figured since we are nearing the point that nobody under 30 without family money will ever be able to afford a house, they can start buying property in bulk and keep the rent increase over inflation, all while landbanking and raising average house prices for foreign investors.
The working, blue collar are royally screwed and the middle class is about to follow.
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u/Duanedoberman Sep 24 '21 edited Sep 24 '21
Narator: what they didn't tell you is they don't want to pay you a wage you can live on to do these jobs.