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Curious for the source on the 25% figure if you wouldn’t mind sharing.

by whall6 1y ago

stego-tech 1y ago
It was a series of studies earlier this year that made media rounds; searching for “Wall street housing 25%” returns a myriad of results from mainstream sources citing a number of different studies and papers: https://fortune.com/2025/07/08/investors-buying-25-us-homes-sold-most-5-years-traditional-buyers-struggle-afford/ https://fortune.com/2025/07/08/investors-buying-25-us-homes-... I’m on mobile and can’t dig into total ownership figures at the moment, but I do know that in the sunbelt states property acquisition by investment firms has been a real issue. Even slumlords are getting bought out at top dollar, and affordable housing is increasingly just a trailer rented on land owned by - you guessed it - PE or REITs at consistently inflating rents.
- whall6 1y ago
  Is this housing that they are purchasing just being sat on? I would think that these are being purchased to be rented out (thereby still increasing housing supply), not just held. Homes are depreciating assets.
  - stego-tech 1y ago
    In the sunbelt, they buy it, jack up rents, evict tenants, and basically turbocharge being a slumlord until they find new buyers for more than what they paid. Due to supply constraints, they often succeed in this process (which repeats under new landlords) multiple times before the market becomes too pricey and further increases aren’t tolerated (which is why organization is on the rise - the rent is too damn high for no valid reason). On paper, yes, the homes should devalue, but take a look at places like New England where absolute shitholes can fetch half a million dollars and it becomes clear that property depreciation is happening far slower than pricing inflation.
    - amanaplanacanal 1y ago
      Sounds like they need more housing stock. At some point, if you keep building, it will no longer be profitable for speculators to do that.
    - sagarm 1y ago
      Buildings depreciate, but land does not.
- ch4s3 1y ago
  That isn't a study, its just an article in fortune that says > Nearly 27% of all homes sold in the first three months of the year were bought by investors That isn't PE firms, it's all investors meaning anyone who isn't planning on living in the home. Most investors are regular people who own 2-3 properties.

Curious for the source on the 25% figure if you wouldn’t mind sharing.

by whall6 1y ago

Curious for the source on the 25% figure if you wouldn’t mind sharing.

It was a series of studies earlier this year that made media rounds; searching for “Wall street housing 25%” returns a myriad of results from mainstream sources citing a number of different studies and papers: https://fortune.com/2025/07/08/investors-buying-25-us-homes-sold-most-5-years-traditional-buyers-struggle-afford/ https://fortune.com/2025/07/08/investors-buying-25-us-homes-... I’m on mobile and can’t dig into total ownership figures at the moment, but I do know that in the sunbelt states property acquisition by investment firms has been a real issue. Even slumlords are getting bought out at top dollar, and affordable housing is increasingly just a trailer rented on land owned by - you guessed it - PE or REITs at consistently inflating rents.

whall6 1y ago
Is this housing that they are purchasing just being sat on? I would think that these are being purchased to be rented out (thereby still increasing housing supply), not just held. Homes are depreciating assets.
- stego-tech 1y ago
  In the sunbelt, they buy it, jack up rents, evict tenants, and basically turbocharge being a slumlord until they find new buyers for more than what they paid. Due to supply constraints, they often succeed in this process (which repeats under new landlords) multiple times before the market becomes too pricey and further increases aren’t tolerated (which is why organization is on the rise - the rent is too damn high for no valid reason). On paper, yes, the homes should devalue, but take a look at places like New England where absolute shitholes can fetch half a million dollars and it becomes clear that property depreciation is happening far slower than pricing inflation.
  - amanaplanacanal 1y ago
    Sounds like they need more housing stock. At some point, if you keep building, it will no longer be profitable for speculators to do that.
  - sagarm 1y ago
    Buildings depreciate, but land does not.
ch4s3 1y ago
That isn't a study, its just an article in fortune that says > Nearly 27% of all homes sold in the first three months of the year were bought by investors That isn't PE firms, it's all investors meaning anyone who isn't planning on living in the home. Most investors are regular people who own 2-3 properties.