Economy

Normally I don't waste any time with posts that just dump a URL and say nothing. Please take the time to at least write a paragraph that summarizes the video. IN this case, here is a fellow who has a good knowledge of residential real estate and he goes into some depth about a trend he is observing with these remote landlords making aggressive moves to dump some of their properties. He suggests this might signal the beginning of another pattern like 2008.

Caution: this video is very specific to the Atlanta market and may not hold true elsewhere. But it has been a major trend since 2008 (and again post COVID) for big corporations to buy lots of houses for remote management. This was a big issue with my HOA. We revised our covenants last year to include some strong poison pills to discourage remote landlords.