There are 16M vacant homes to distribute among around 770k homeless people. With such an enormous housing surplus, why is the clearing price for a housing unit so far above a new prospective buyer’s budget?
You posit that people can’t afford to buy homes without asking why homes are unaffordable.
Investors accounted for 25.7% of residential home sales in 2024.
In that article, the word “investors” is deliberately lumping together individuals, and institutions/corporations, in an obvious attempt to trick people into thinking that category is comprised entirely of the latter. Underhanded semantic maneuver. Within the same article:
While large institutional investors continue to get most of the headlines in the single-family rental space, small investors account for more than 90% of the market.
If they’re monopolizing the housing market, absolutely.
There are 16M vacant homes to distribute among around 770k homeless people. With such an enormous housing surplus, why is the clearing price for a housing unit so far above a new prospective buyer’s budget?
You posit that people can’t afford to buy homes without asking why homes are unaffordable.
Investors accounted for 25.7% of residential home sales in 2024.
In that article, the word “investors” is deliberately lumping together individuals, and institutions/corporations, in an obvious attempt to trick people into thinking that category is comprised entirely of the latter. Underhanded semantic maneuver. Within the same article: