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A comment on Investors bought a record share of U.S. homes in 2021. Parent comment

Re:Investors bought a record share of U.S. homes in 2021 by dv_dt on Thursday February 17, 2022 @12:21PM (#30375845)
Most of the stimulus money wasn't handed to individuals, it was given to businesses and the financial sector.
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Re:Investors bought a record share of U.S. homes in 2021 by adam_arthur on Thursday February 17, 2022 @12:50PM (#30376233)
You can see the impact on personal income to individuals here. Clearly a huge distortion to the upside.

The PPP had its own set of problems and was widely abused.

https://fred.stlouisfed.org/series/PI

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Re:Investors bought a record share of U.S. homes in 2021 by dv_dt on Thursday February 17, 2022 @01:26PM (#30376695)
There were also $6.3 trillion in MBS purchases, as well as other asset purchase programs. One might speculate that taking assets off the hands of financial institutions, gives them quite a bit of freedom to allocate that capital to new assets.

https://www.richmondfed.org/publications/research/economic_b...

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