LogFAQs > #972079482

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Topic	Huntington Beach suing the state of California for, uh, well,
CommonStar 03/10/23 10:05:06 AM #20:	bigblu89 posted... So is it then a situation where giant corporations own these properties, and are renting enough places elsewhere, so they're ok with owning hundreds of empty properties? Owners looking to profit keep them vacant, off the market, to speculate on the increase in property value and only return them to the market when the rents are high enough for them to make a killing. <cite>CommonStar posted [p:972079482] in Huntington... [t:80374660]...</cite> <quote>bigblu89 posted... </cite><quote>So is it then a situation where giant corporations own these properties, and are renting enough places elsewhere, so they're ok with owning hundreds of empty properties?</quote>Owners looking to profit keep them vacant, off the market, to speculate on the increase in property value and only return them to the market when the rents are high enough for them to make a killing.</quote> ... Copied to Clipboard!
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