Erica

I would be worried about that too, because I haven't done any real estate investing, but I have research doing it.

Typically, what I hear recommended is that for every property you buy, you make another LLC for that property because it helps you to separate it legally so that if you get sued, because let's say something bad happens, like somebody slips and falls on one of your properties, you don't want it to mean that you could be sued for all your property.

Yeah.

And I would imagine that if these large corporations are somehow barred from buying properties, that's probably what they would do, right?

They would just make a whole bunch of separate companies.

And I don't know, maybe there will be something that prevents that too, that says you can't all be owned by the same owner.

And maybe that'll still...

But still, I would expect that if a big company doesn't buy it, then maybe a small company will buy it.

And I don't know how much difference it'll make to the average person who's trying to buy a house.

Because I think to me, that's more having to do with the mortgage rates and the value of the house.

And I think right now, we're still in a mode where...

real estate prices are probably inflated.

It's probably just too high because I think a lot of the prices have been up since the real estate mortgage rates were very low, which tends to drive up the price because, again, it comes down to what can I actually afford.

And so when the mortgage rates go up,

the value of the house typically would go down, but it really hasn't.

And I think that's because that real estate market tends to be kind of inelastic.

Sellers don't like to drop their prices, right?

So they might just hold on to the property or keep living there until they can get the price that they want.

And so right now, I think we're in this kind of mode where values of properties probably should come down.

to make them attractive to people to buy, but the sellers don't want to do that.