• flathead@lemm.ee
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    1 year ago

    Interesting. Thank you for the very enlightening info. So the local government is providing interest-free loans to developers for BFR projects, when prevailing rates are over 5 percent?

    If the scope of BFR subsidization is as large as indicated then it’s probably buoying the housing market. A quick search found this glowing report on the BFR “boom”.

    https://rei-ink.com/the-build-for-rent-evolution/

    Real estate developers getting free government loans from public treauries. What could possibly go wrong?