Not sure where you read in my comment that it isn't "boomer zoning" but I believe you are referring to one of the largest proximate causes. "Corpos" are fillin

Not sure where you read in my comment that it isn't "boomer zoning" but I believe you are referring to one of the largest proximate causes. "Corpos" are filling in the gap because a ridiculously sticky real estate market means that there are a ton of places that could easily bear more renters. These corporations are typically paying far below the average for homes in whatever state they are buying in [0] (somehow paradoxically this becomes bidding home prices up) and typically allow more renters to enter the market rather than being priced out. [0]: https://www.corelogic.com/intelligence/the-beginning-of-the-end-single-family-investor-activity-takes-a-step-back-in-q2/ https://www.corelogic.com/intelligence/the-beginning-of-the-...