Solving the housing crisis requires fighting monopolies in construction (2020)

Re:Solving the housing crisis requires fighting monopolies i... by dionidium on Saturday June 04, 2022 @10:24PM (#31627348)

> The big finance houses have essentially been handed over ownership and control to corner the whole housing market ... by the captured and corrupt government.

A couple things to try to contextualize this claim:

1. Institutional investors are purchasing single-family homes at a greater rate than they used to, but they account for a minority of all purchases: "During the first three months of this [2021], investors bought nearly 15% of U.S. homes, up from about 10% during the previous three quarters."

2. Their overall share of the market remains small: "Yet of the roughly 15 million single-family rental homes in the U.S., institutional investors own only about 2%, according to real estate consulting firm RCLCO."

Source: https://www.realtrends.com/articles/institutional-ownership-...

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Re:Solving the housing crisis requires fighting monopolies i... by impossiblefork on Sunday June 05, 2022 @04:45AM (#31629130)

Overall share probably doesn't matter. Adding 15% extra demand will certainly influence price.

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