re: Homebuilders cancelling contracts to sell for more on market

quote:

---

Investment groups accounted for 23% of all purchased homes in Houston in the past year. That number only increases when you filter down to desirable, up and coming neighborhoods that traditional middle class families targeted.

---

Let's see a link then. What I posted was supported by a bunch of other articles too.

You tinfoil hat people are something else. Everyone is out to get you and you specifically, ESPECIALLY the government

I'd also love to hear how this business makes sense for them. They're paying more than market (allegedly), not flipping them...just holding and paying the note (allegedly) and we're heading into a raising rate environment so home price growth will slow down. And as more inventory comes online there will be further downward pressure.

Do we hate capitalism in general now, or only when it doesn't work to our benefit?