Re:Investors bought a record share of U.S. homes in 2021
by llamataboot on Thursday February 17, 2022 @06:23PM
(#30380118)
rental units are not the same as a house you want to buy, even regardless of location and amenities and size etc
Re:Investors bought a record share of U.S. homes in 2021
by adam_arthur on Thursday February 17, 2022 @09:38PM
(#30381527)
Housing is fungible. Lower rents decrease demand for purchasing and vice versa. There will of course be a subset of people who will exclusively only buy regardless of price, but in aggregate the principle applies
1.1 housing units per household. Same as year 2000. But you're right that local areas could have worse ratios.
https://fred.stlouisfed.org/series/TTLHH
https://fred.stlouisfed.org/series/ETOTALUSQ176N