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Even if they are buying second houses, I highly doubt that boomers are having anywhere near as large an impact on housing markets in relation to large corporati
by _lz4k 5y ago
Even if they are buying second houses, I highly doubt that boomers are having anywhere near as large an impact on housing markets in relation to large corporations and financial institutions that are buying more and more residential properties. These larger organizations are pinning the blame on boomers via PR, when there is really no comparison in who has more invested.
https://www.usnews.com/news/business/articles/2021-09-09/companies-step-up-buying-houses-bet-on-hot-housing-market https://www.usnews.com/news/business/articles/2021-09-09/com...
- fxtentacle 5y agoGreat point. "nationally, investors bought more homes than they sold in the first half of this year"