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Where Are The Engineer’s Mansions?
When searching for our apartment, I met three different property managers. One was driving an Audi, the other two were driving BMW’s.
We need Fred Schwed to write a sequel to Where Are The Customer’s Yachts?
All economic gains seem to be flowing to landlords. Ridiculously favorable tax treatment, regulation-locked supply, and an inflow of SaaS money from around the world are all making the royal landowners wealthier by the monthly rent check.
By the time we search for our next apartment those property managers will be driving new Porsche Taycans.