But why would rich people or corporations be in the market for a house if they couldn't rent them out? Especially the current above asking price cash offers fro

But why would rich people or corporations be in the market for a house if they couldn't rent them out? Especially the current above asking price cash offers from Blackrock and the like? That total number of families needing a house might be the same but the demand from entities with unlimited budgets and the ability to forecast not making their money back for ten plus years evaporates.