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> the greater problem is the ability of large companies to buy up whatever is on the market, which they then immediately turn into a rental Homeownership rates
by alright2565 3y ago
> the greater problem is the ability of large companies to buy up whatever is on the market, which they then immediately turn into a rental
Homeownership rates haven't changed by more than a couple percentage points since the 1960s: https://fred.stlouisfed.org/series/RHORUSQ156N https://fred.stlouisfed.org/series/RHORUSQ156N
- abathur 3y agoI agree it is worth accounting for this, though I'm not sure the nation-wide rate disproves the claim. "Large companies" could be having a significant impact on some number of urban markets without shifting a country-wide statistic in a way that's unambiguous against trends driven by larger forces like population age and economic trends.