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OK, well are the economics in those markets worse than similar markets with lower levels of PE ownership of homes? Is there a correlation there that we can see
by senordevnyc 10mo ago
OK, well are the economics in those markets worse than similar markets with lower levels of PE ownership of homes? Is there a correlation there that we can see in the data? Because otherwise stats from a couple moderate sized cities doesn’t seem that relevant to the nation as a whole.
- postpawl 10mo agoThe St Louis fed did a study about this: https://s3.amazonaws.com/real.stlouisfed.org/wp/2020/2020-047.pdf https://s3.amazonaws.com/real.stlouisfed.org/wp/2020/2020-04... “We find that investors' purchases increase the price-to-income ratio, especially in the bottom price-tier”