02-06-2017, 12:40 PM
(02-06-2017, 11:07 AM)Markster Wrote: Investors getting burned on a risky investment: "DOOM!"
Renters getting more affordable housing: "meh who cares."
Right. Yes, it may be a mini-bubble. But the long-term outcome should still be OK.
As for management contracts, they can also be terminated so in the worst case the investor will be sitting on a vacant unit: not the end of the world. And most likely those would still be able to be rented, albeit at more affordable prices. You could do much worse in the stock market.