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Speculative investors aren't removing the house from the market, they're renting it out. Houses produce Housing. Sure, some people specifically want to buy Hous
by plantain 2y ago
Speculative investors aren't removing the house from the market, they're renting it out. Houses produce Housing. Sure, some people specifically want to buy Houses, but all of us need Housing.
(I do completely agree we should get speculation out of the housing market - housing as a memecoin, buying because line-go-up is not healthy)
- janalsncm 2y agoSome of them are renting them out, yes. But I still think it should push the price up because people with zero houses will be competing with people with > 1 house, which increases demand.