Why would anyone in their right mind get into the apartment business?
Think of the obstacles to making your money back. Restrictive zoning, comprehensive regulation, zealous activists, rent control, high property and income taxes, new proposals to tax wealth, direct competition from subsidized government housing, and so on and so on. Putting up an apartment building isn’t quite as hard as building a pipeline, but it is in the same ballpark.
You want more people to get into the landlord business? It’s not rocket science: Be nicer to landlords.
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