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

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renting doesn't make you have to come up with a 20% down payment..

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You can get a house with as little as 3% down. Stated income loans are also back as well as other forms of subprime. You are correct though. Many people can't even afford groceries due to inflation much less saving 3% for a $250K purchase.

The problem is income growth had no possible way of keeping up with house price increases on top of rates now at 7.5% for 30 years.