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Companies are buying houses at inflated rates with the expectation that cash will lose value due to further inflation. To me, this is the only explanation for
by westcort 3y ago
Companies are buying houses at inflated rates with the expectation that cash will lose value due to further inflation. To me, this is the only explanation for mass-buying of homes at a premium price even when interest rates are high.
- great_psy 3y agoWell the other explanation is that you are better of buying than renting. If rent prices go up faster than house prices, then you might as well buy at any price. Of course this assumes you can afford it.