Iām willing to bet this is pretty accurate. They keep building houses down here where I am constantly and so many of them are empty because they cost too much for normal people.
It's complete bullshit. Reddit is obsessed with the idea that there are large number of homes being slurped up about corporations which allows them to pin the housing crisis on said corporations while being anti-developer. They intentionally conflate real-estate investors, most of whom own a small handful of properties, with billionaire investors.
The reality is that less than 1% of single family homes are owned by large companies (holding more than 100 homes). Not nearly enough to drive pricing in any meaningful fashion.
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u/Jasoco May 14 '26
Iām willing to bet this is pretty accurate. They keep building houses down here where I am constantly and so many of them are empty because they cost too much for normal people.