Entrepreneur in the RE industry from Europe (Luxembourg) here. My gut feeling is "yes", and we hear more and more about Real Estate funds going to the resident

Entrepreneur in the RE industry from Europe (Luxembourg) here. My gut feeling is "yes", and we hear more and more about Real Estate funds going to the residential market (they were dealing mostly with office and retail surfaces here before). It is kind of scary because it will accelerate a phenomenon. Commoditization will lead to the same thing, more money trying to buy a limited supply leading to a booming price. However, recognizing that commoditization is a catalyst should not hide the fact that it is not the root of the problem. No one can promote demographic growth (globally or regionnaly), limit new dwellings and act as if booming prices are a surprise or the by product of greed. It is not, legal constraint has made construction a real pain but demand is growing. To give a bit of nuance, on many markets rental yields has been collapsing has a consequences of this. Yes prices are climbing but rent are not. So yes, buying your home is a far away dream, but compared to the price of ownership rent have never been cheaper.