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>the problem is that investors want not one, but say 10. Investors wouldn't want 10 if prices were stagnant because there was plenty of supply. >first link in

>the problem is that investors want not one, but say 10. Investors wouldn't want 10 if prices were stagnant because there was plenty of supply. >first link in google says there are 144M housing units in US. Is it not enough for 350M population? If housing isn't where people are, then no there isn't enough. About half the US population lives metropolitan areas.

riku_iki 3y ago
> Investors wouldn't want 10 if prices were stagnant because there was plenty of supply. yes, and prices were not stagnant because many rushed to buy with low interest risk free loans. And now they don't want to sell, because they can rent it for high. > If housing isn't where people are, then no there isn't enough. About half the US population lives metropolitan areas. even if 80% lives in metropolian areas, which I would totally believe, do you have any evidence that houses are not there too?
- ProfessorLayton 3y ago
  Do you not believe in supply and demand? What about housing makes it so exceptional that it's something that applies to everything else but not homes? Were investors buying 10 cars at a time with low interest loans and regular people forced to buy/lease from them before the chip shortage? Why did cars only shoot up in price when it was difficult to obtain one? Why does a country like Japan, with its declining population and plenty of housing not have a flood of investors buying tons of homes at once and flipping/renting them back to its population? Could it be because that would make a terrible investment? That housing is an investment vehicle and not you know, just a home to live in, is the evidence. Homes aren't rising in prices where populations have declined and buyers aren't competing.
  - riku_iki 3y ago
    > What about housing makes it so exceptional that it's something that applies to everything else but not homes? I wrote already: low interest risk free(because of foreclosure) loans. So this is risk free leveraged investment and even with tax benefits. I don't know anything else like that.
    - ProfessorLayton 3y ago
      Again, this doesn't happen [Edit: Home prices don't rise] where buyers don't compete.
      - riku_iki 3y ago
        doesn't happen what exactly? availability of loans is orthogonal to competition.
      - riku_iki 3y ago
        > Edit: Home prices don't rise] where buyers don't compete. I answered this too already: inventory indeed is not high enough to satisfy all investors.

riku_iki 3y ago

> Investors wouldn't want 10 if prices were stagnant because there was plenty of supply. yes, and prices were not stagnant because many rushed to buy with low interest risk free loans. And now they don't want to sell, because they can rent it for high. > If housing isn't where people are, then no there isn't enough. About half the US population lives metropolitan areas. even if 80% lives in metropolian areas, which I would totally believe, do you have any evidence that houses are not there too?

ProfessorLayton 3y ago
Do you not believe in supply and demand? What about housing makes it so exceptional that it's something that applies to everything else but not homes? Were investors buying 10 cars at a time with low interest loans and regular people forced to buy/lease from them before the chip shortage? Why did cars only shoot up in price when it was difficult to obtain one? Why does a country like Japan, with its declining population and plenty of housing not have a flood of investors buying tons of homes at once and flipping/renting them back to its population? Could it be because that would make a terrible investment? That housing is an investment vehicle and not you know, just a home to live in, is the evidence. Homes aren't rising in prices where populations have declined and buyers aren't competing.
- riku_iki 3y ago
  > What about housing makes it so exceptional that it's something that applies to everything else but not homes? I wrote already: low interest risk free(because of foreclosure) loans. So this is risk free leveraged investment and even with tax benefits. I don't know anything else like that.
  - ProfessorLayton 3y ago
    Again, this doesn't happen [Edit: Home prices don't rise] where buyers don't compete.
    - riku_iki 3y ago
      doesn't happen what exactly? availability of loans is orthogonal to competition.
    - riku_iki 3y ago
      > Edit: Home prices don't rise] where buyers don't compete. I answered this too already: inventory indeed is not high enough to satisfy all investors.