3 ms·
How huge, do you think? I imagine that in actuality 10% would be enough to move the market, especially if other players do the same.
by insanitybit 4y ago
How huge, do you think? I imagine that in actuality 10% would be enough to move the market, especially if other players do the same.
- epistasis 4y ago10% of a few quarters of purchases is still a tiny tiny tiny fraction of the market, and not enough to coordinate pricing. I think a far bigger concern is shortages of housing as individual homeowners and landlords act as a group to suppress local supply of housing. Local city councils tend to be controlled by such real estate interests. Corporate purchasers can piggy-back on that sort of regulatory capture without expending a single dime.