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Great discussion Jared. The really big players, ala: Blackrock, however, securitize the revenue stream for global investors by promising forever rent increases. It is either what the mode says, or 15% per year, whichever is highest. Even with loads of empty rentals they rake in the cash.

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Greg Daneke, Emeritus Prof.
Greg Daneke, Emeritus Prof.

Written by Greg Daneke, Emeritus Prof.

Top Economics Writer, Gov. service, corp consulting, & faculty posts (e.g., Mich., Stanford, British Columbia). Piles of scholarly pubs & occasional diatribes.

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