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First-home buyers aren't the ones causing prices to go up.
by parasti 1y ago
First-home buyers aren't the ones causing prices to go up.
- JumpCrisscross 1y agoNew households absolutely are. Whether they choose to rent or buy is secondary.
- kevin_thibedeau 1y agoIt's REITs buying up housing for rental that drives up the pricing. There are serious social consequences to financializing basic needs.
- JumpCrisscross 1y ago> It's REITs buying up housing for rental that drives up the pricing Almost certainly not. Institutional investors are too little of the market. And every time someone has seriously investigated this hypothesis, the evidence has been lacking.