In boom markets like Atlanta, South Carolina, Alabama, Texas, some of the larger aggregators might be buying up to 15 or 20% of the markets. And for those of you who are free market purists, it is not a free market because There is a tax arbitrage between investors buying housing who can depreciate the buildings and a residential buyer. So it is a tough problem and it is going to take lower rates and more support. Great. First of all, Devin Arvin Dambisa Charles, thank you for your questions. (56:25–56:35)
CLAIM
Asserts that a tax advantage exists for investors over residential buyers due to depreciation.
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