• BCsven
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    7 months ago

    That is the point though, if like the article says l, 1/5th of owners have an investment property, they could sell it and still live in the current place and have a ton of cash. or sell both and move to a cheaper city and retire. Compared to people struggling to save for a mortgage in this crazy market.

    • Victor Villas
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      7 months ago

      1/5th of owners have an investment property, they could sell it and still live in the current place and have a ton of cash

      That’s fair, and the article goes through a few key points that I agree with. The article title is just clickbait, but annoying because it’s alienating. I don’t think it makes sense to write a headline based on 1/5th of that group being land speculators.

      • Nouveau_Burnswick@lemmy.world
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        7 months ago

        “1/5 of Homeowners Refuse to Accept the Awkward Truth: They’re Rich”

        Or

        “Multi-property Homeowners Refuse to Accept the Awkward Truth: They’re Rich”

        Or

        “Multi-property owners Refuse to Accept the Awkward Truth: They’re Rich”

        Or

        “Landlords and Spectors Refuse to Accept the Awkward Truth: They’re Rich”