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They get cause and effect backwards. What they think is happening: investors are buying lots of houses, which is driving up prices, so getting them out of that

They get cause and effect backwards. What they think is happening: investors are buying lots of houses, which is driving up prices, so getting them out of that business would lower prices. What's really happening: supply shortages are driving up prices, which is making housing more attractive to investors.

ethanbond 3y ago
It’s a feedback loop so it’s both directions.
- kjkjadksj 3y ago
  Blackrock isn’t driving the demand though they merely position themselves where it already is