Quote Originally Posted by Irving View Post
A lot of our friends have recently moved and we know some real estate agents that confirm their experiences. There are large companies buying houses as investment properties for rentals. They will beat any price on a house just to get it.
I've heard the same thing but it still begs the question, if companies are buying these to rent out, who is renting them? On FB marketplace I see 3br/2ba 2 story suburban homes for rent in the $2500 - $4000 range, which seems nuts to me. If you've got $2500/month to spend on housing, why on earth would you rent?

And yes, I know people do it, but again, it just doesn't seem to be sustainable to me.

What am I missing?