News for hackers. Stuff that matters.
Re:Investors bought a quarter of US homes sold last year by googlryas on Tuesday August 23, 2022 @03:06PM (#32569716)
Likewise, the person who buys the house and lives in it takes it off the market for renters, thereby increasing costs to the "unprivileged" renters bracket.
Re:Investors bought a quarter of US homes sold last year by jiveturkey on Tuesday August 23, 2022 @04:19PM (#32570907)
indeed. this is why rent control, when coupled with artificial supply constraints, is a net negative