Not OP, but I did work real estate for 8 years. While Blackrock themselves aren't buying all the homes, private companies such as them buying homes for investme

Not OP, but I did work real estate for 8 years. While Blackrock themselves aren't buying all the homes, private companies such as them buying homes for investment portfolios is a major issue. In the area I worked in, 30% of all home sales were bought with cash with no inspections to investment companies like Blackrock and then listed for rent. In the 3 cities around me, 2 new communities that were supposed to be starter homes starting at $300k, were all bought up by those investment companies and are now rental-only communities. The average American can't compete with that no matter how much we delude ourselves into thinking we can.