Some of the recent landlords will succeed others will fail. I figure that with hot money chasing single family property as investments there will be some negative consequences but it’s unsure what they are going to be.
I figure that at least one or 2 investments groups will get over levered betting on appreciation and fail. I figure some investment group will securitize their rental portfolio and sell it off to some pension fund. Some investment group will be massive slumlords looking to squeeze every penny which will get the states to move in and establish even more friendly tenant laws. Stuff like increasing property taxes on rental properties, tenant bill of rights, etc.
There will still be some profit in owning and renting real estate, but I think there will be a period of adjustment and difficulty that will take some wherewithal to hold through.
