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> Can't housing still be an investment for owner-occupants while investment companies are disincentivized from buying every available property in competitive ho
by ska 5y ago
> Can't housing still be an investment for owner-occupants while investment companies are disincentivized from buying every available property in competitive housing markets?
Not really effectively. There are two big problems.
The most fundamental is: If you have a good return on your house (outstrips inflation by a decent amount) and wages stay flat (actually it's been worse than that recently) - who do you think is going to be your buyer 20,30 years on?
The other: You can't effectively keep rich people and institutions out if the ROI is good enough. If their money doesn't have a better place to go, it will end up here some how.