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> No wonder even institutions are now buying, in fact one in every 3 SFHs in US are now owned by institutions. Source?
by onlyrealcuzzo 5y ago
> No wonder even institutions are now buying, in fact one in every 3 SFHs in US are now owned by institutions.
Source?
- stonogo 5y agoYou won't get a source because it's misinformation. There are US cities wherein one in every three single-family-home purchases were made by investors last quarter: https://www.redfin.com/news/investor-home-purchases-q4-2021/ https://www.redfin.com/news/investor-home-purchases-q4-2021/ so perhaps OP was referring to that.
- onlyrealcuzzo 5y agoI was gonna say - it's nearly impossible for the home ownership rate to be ~65% and 1/3 SFH also owned by institutions. The vast majority of rental stock is not SFH, and the vast majority of rental homes are owned by mom & pop's.