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One last last possibility: the entities consuming supply and supporting the high prices are not typical households. If you need examples, think of corporate an
by swatcoder 4y ago
One last last possibility: the entities consuming supply and supporting the high prices are not typical households.
If you need examples, think of corporate and private rental portfolios, speculators and flippers, vacation rental owners, private nth-home owners, etc
It’s one signal that suggests home inventory might be accumulating in the hands of an investor class that skimming some kind of profit at the expense of families who might otherwise be able fully secure housing for themselves as independent owners.