re: The average 30-year fixed mortgage rate jumps to 7.50%

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Because it’s unfair to regular citizens to try and buy a house with a loan only to have a corporation come in and pay $50,000 over asking price and in cash.

Anyone that says this isn’t common enough to be an issue is a moron. There are 3 houses in my neighborhood alone that situation happened on. And two buddies that sold their houses sold to corporations that offered cash and well above asking price

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Build more houses.

I don't have a problem with big investors buying residential real estate as long as they will not be deemed "too big to fail" when the bottom falls out of the housing market.

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Because it’s unfair to regular citizens to try and buy a house with a loan only to have a corporation come in and pay $50,000 over asking price and in cash. Anyone that says this isn’t common enough to be an issue is a moron.

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No corporation is paying $50k over market value that would never get approval. The “cash” corporations are using to buy houses is leveraged which means they finance at nearly identical interest rates as the average consumer.
The corporate buyer also needs to achieve a certain hurdle rate which eliminates the purchases of a property over $350k. Most corporations have been on buying freezes for the past 2 years. Corporations own less than 1% of the housing stock. I could go on and on.

Near zero interest rates created all of the inflation in the housing market. Especially during COVID.
But most Americans are too dumb to understand how the fed is fricking them.