I work in the animal welfare field. One of the concepts that is brought up often is “what happens when there are no more unwanted animals?” This is a concept that we know will never happen in the real world; we’ll reach an equilibrium and our progress will slow and we’ll simply be maintaining the inventory of unwanted pets.
I feel like this is similar in the world of real estate investing. We have those of us on this site who are doing the right thing and cleaning up neighborhoods and whether renting out and maintaining their properties or selling them to owners who we hope will maintain them for a decent period of time. Essentially, with this theory, we’re decreasing the availability of “war zones” existing by limiting the availability of homes to consumers with the “I don’t care” mindset. When we do this, we change people’s habits and create better neighborhoods.
We are recyclers. When we move into a neighborhood that needs help, we help. Once that one turns around, we move on to another. I feel like we are at an equilibrium, but one that varies greatly. With the way the market moves, there is either a surplus or deficit of unwanted homes and regardless of which state the market is in, we’ll be there to pick them up.
This is more of me just thinking out loud than a question. What does everyone think?
Theres definitely a deficit of kittens here in metro Detroit. Impossible to get your hands on one these days, through private people or shelters. If the shelters get any kittens, they are gone within a day or two.
Come out to Denver, we have more than we know what to do with. We have several large feral populations and all of their kittens seem to end up at shelters every summer.
That's an interesting take on things. Changing people's habits is a hard thing to do, but presenting positive alternatives whether in animal care, earth stewardship, etc definitely helps turn the tide.
I think real estate investing has a good and a bad reputation. But definitely people who wholesale and fix and flip, for instance, are cleaning neighborhoods in some way by turning distressed homes into beautiful homes and increasing the appeal and value of the neighborhood.
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