If you have speculators (foreign/corporate) buying all the new supply then does that really help in the long run? We have more vacant homes than we have homel

If you have speculators (foreign/corporate) buying all the new supply then does that really help in the long run? We have more vacant homes than we have homeless, for example. What would help is restricting foreign speculation and appropriately taxing corporate ownership of homes. A good example is what's going on in Canada [1] & Vancouver [2]. It's not like other countries haven't made meaningful attempts to address their population from buying homes. It's just that the US doesn't want to do it because the elite who own & constitute the political spectrum think it's bad for their bottom line and don't care if it's destabilizing the rest of society. [1] https://www.cnn.com/2023/01/01/business/canada-bans-home-purchases-foreigners/index.html https://www.cnn.com/2023/01/01/business/canada-bans-home-pur... [2] https://vancouver.ca/home-property-development/empty-homes-tax.aspx https://vancouver.ca/home-property-development/empty-homes-t...