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I would say private equity entering the single family home market is a factor in addition to the lack of supply. They’re not manipulating prices but they’re in

• jeffbee 5y ago
  PE enters markets only when there is a lack of supply. Don't take my word for it. Read their prospectuses. They are completely upfront about entering markets only when the local government has constructed impenetrable barriers to entry.
  • acomjean 5y ago
    Of course, they go where they can make a good return. But they’re new to this market and increase the demand side of things. They can move much faster than individual home buyers. Real estate is constrained by regulations and it does get I the way of supply. I’m pretty sure My building couldn’t be built in our “historic district” today
• pmorici 5y ago
  Wether a corporation owns the home and rents it out or the home is owner occupied their is still someone living there. That doesn’t effect the supply demand dynamics. Those families have to live somewhere. It may seem vaguely unfair that they have a possible advantage being an all cash buyer but that isn’t what is driving up prices. If they were buying places and not renting them that would be a different story but that isn’t what is going on here.