Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Investor Mindset
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 9 years ago on . Most recent reply

User Stats

102
Posts
17
Votes
Brandon G.
  • Middle Tennessee, TN
17
Votes |
102
Posts

NPR has no idea how real estate works

Brandon G.
  • Middle Tennessee, TN
Posted

I was listening to NPR because they had a segment about rent costs and real estate.  Almost every single thing they said was the opposite of how the real world works.  It was equally infuriating and scary to think that people will be making policies based on the backwards logic that, although appeals to people's conscience, makes things worse by strictly regulating yet another industry.  

In a related note, I just finished The Housing Boom and Bust by Thomas Sowell.  I would highly recommend it.

The Housing Boom and Bust

Most Popular Reply

User Stats

190
Posts
103
Votes
Jade S.
  • Investor
  • Evans, GA
103
Votes |
190
Posts
Jade S.
  • Investor
  • Evans, GA
Replied
Originally posted by @Brandon G.:

I was listening to NPR because they had a segment about rent costs and real estate.  Almost every single thing they said was the opposite of how the real world works.  It was equally infuriating and scary to think that people will be making policies based on the backwards logic that, although appeals to people's conscience, makes things worse by strictly regulating yet another industry.  

In a related note, I just finished The Housing Boom and Bust by Thomas Sowell.  I would highly recommend it.

The Housing Boom and Bust

I'll have to hear the podcast of that segment.  But with that being said, I'm noticing a trend of strident attacks in both social media and the press related to rising rental costs in the US anytime discussion of lower home ownership rates since the Great Recession ended.  Some of the unwashed masses want to drag rising rents kicking and screaming into the wealth inequality "movement" and attempt to also link it to "greedy" landlords who supposedly just want to take advantage of poor tenants.  

Education is important, but how many are willing to truly understand the movement away from home ownership to more of a rental society? And you're right...politicians hear this and pander to that element.  

Loading replies...