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Boosted by jsonstein@masto.deoan.org ("Jeff Sonstein"):
blogdiva ("your auntifa liza 🇵🇷 🦛 🦦") wrote:
RE: https://mastodon.world/@Oxymetheus/116944206513552370
there are storefronts here in the #EastVillage of #Manhattan warehoused for DECADES. there are no real realtors in #nyc anymore. they are all #WallStreet firms that bought the names of realtors, then bought all the small and family-owned properties during the Giuliani and Bloomberg years.
THIS SHOULD BE CONSIDERED COLLUSION: investment companies warehousing buildings because they don't make money from being landlords. they make money from holding the properties & engineering false scarcity.