Re:Fixing the housing crisis is not rocket science. “Minneap...
by tootie on Saturday September 16, 2023 @04:21PM
(#37538345)
It definitely needs to stop being a thing. For housing to be a worthwhile investment it has to become less affordable to future buyers. That applies not just to institutional investors but families as well.
Certainly, having something like one out of five homes being bought up by investors simply for the investment seems to be very skewed - something along the lines of old coin collecting or acquiring art.
Housing has a specific purpose and if the supply is so downregulated that it is losing that purpose something has gone wrong...