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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 CapmCrackaWaka on Thursday February 17, 2022 @01:42PM (#30376906)
I'm not convinced by this[1]. It is true, if all municipalities suddenly let anyone build wherever they want, we would see prices fall. But that isn't the cause of the current price surge. The _cause_ is a surge in demand, not a restriction of supply.

[1] https://fred.stlouisfed.org/series/ETOTALUSQ176N

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