re: U-haul Shortages In San Francisco

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Supply and demand and wealthy investors buying property just to rent it out mostly

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I spoke with a woman last week who works in the real estate market here in Bham. She was telling me about receiving a call a few weeks ago from a company out of Nashville that is looking at buying rental properties here. Right now bham is super attractive to these investors because of the current growth of the city. Apparently they are buying up as many properties as they can, which is also creating a housing shortage for people who are in the market to buy a home. If you couple these two factors together, with high demand and short supply driving up prices, Bham could experience a housing bubble burst if growth slows down.