re: WSJ: Wall Street Has Spent Billions Buying Homes. A Crackdown Is Looming.

Almost no one loses a bidding war with an institution. They have to own with an ROI in mind, and it’s impossible to outbid a crazy mom that wants a certain location. People get stupid emotional buying, institutions don’t.

If you take away whatever institutional buying and owning is out there, you take away the bottom of the market. When the bottom is soft, everything will fall to some degree.

ETA: you know what else hurts the market? Section 8 housing. Why can the government pay rents but institutions can’t own homes? Is it not the same thing essentially? Both are inflating the market.