LogFAQs > #972079517

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Topic	Huntington Beach suing the state of California for, uh, well,
bigblu89 03/10/23 10:07:52 AM #26:	CommonStar posted... 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. OK. I get it now. So it's basically the fact that they own so much property that they can turn a profit even when they keep a lot of their "stock" off the market, causing an artificial demand. Thank you for explaining it. I really wasn't trying to be difficult, it's just not a topic I really ever took the time to look into and learn about. --- It takes zero effort to be a good person. <cite>bigblu89 posted [p:972079517] in Huntington... [t:80374660]...</cite> <quote>CommonStar posted... </cite><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>OK. I get it now. So it's basically the fact that they own so much property that they can turn a profit even when they keep a lot of their "stock" off the market, causing an artificial demand.Thank you for explaining it. I really wasn't trying to be difficult, it's just not a topic I really ever took the time to look into and learn about. --- It takes zero effort to be a good person.</quote> ... Copied to Clipboard!
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