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> But it's not the "investor class" that's cornering the market, it's current homeowners. It can be both. One keeps supply from entering the market, the other
by brendoelfrendo 5y ago
> But it's not the "investor class" that's cornering the market, it's current homeowners.
It can be both. One keeps supply from entering the market, the other buys out the supply that does enter the market.
Long term, yes, we need to build more houses. Americans should also probably adjust their expectations and zoning laws to expect less detached single-family houses. We also probably need to stop treating residential property as an investment, however we go about doing that.