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Message
re: WSJ: Wall Street Has Spent Billions Buying Homes. A Crackdown Is Looming.
Posted on 4/29/24 at 11:29 am to baldona
Posted on 4/29/24 at 11:29 am to baldona
quote:
institutional owners aren’t preventing those people from buying.
Inventory shortages has been the largest factor for several years in price increases. The more houses that firms buy up the more shortages we have.
That is the entire argument of the proposed law and you have to be obtuse to think this isnt an issue.
In some cities during CV 1 in 4 houses sold were bought by investment firms.
1
Posted on 4/29/24 at 11:31 am to stout
quote:
In some cities during CV 1 in 4 houses sold were bought by investment firms.
Absolutely. How many of those cities across the country? What percentage of homes in general?
I’m not going to pick a small suburb of Atlanta and claim that’s happening every single place in America.
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