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If the thesis were true, why wouldn't VCs get into the landlord game? Seems like they would want to lessen this effect, if it were actually the case.

Private capital is certainly getting into the landlord game--and in record numbers.

https://www.theatlantic.com/technology/archive/2019/02/singl...

https://www.bloomberg.com/quicktake/rent-wall-street-is-my-l...

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