Investors bought a quarter of US homes sold last year

Re:Investors bought a quarter of US homes sold last year by JamesBarney on Tuesday August 23, 2022 @02:55PM (#32569527)

If banks stopped lending based on creditworthiness they'd be doing a lot less lending causing far more people to not be able to afford a house.

[ Parent | on HN ]

Re:Investors bought a quarter of US homes sold last year by aprdm on Tuesday August 23, 2022 @02:58PM (#32569582)

IMO they need to change their model. If someone has been affording rent at 2k for many years, then they can afford a mortgage at 1.5k, that's not the case nowadays.

[ Parent | on HN ]

Re:Investors bought a quarter of US homes sold last year by icelancer on Tuesday August 23, 2022 @03:39PM (#32570306)

Renting on a yearly basis at $24k/year is very different than committing to the deed transfer on land + house at $18k/year on a 30 year term.

[ Parent | on HN ]

Re:Investors bought a quarter of US homes sold last year by alexb_ on Tuesday August 23, 2022 @04:08PM (#32570761)

For one, rent can get more expensive, vs a fixed rate mortgage which doesn't.

[ Parent | on HN ]