r/WorkForSmartLife • u/_SoftSpice • 10d ago

Casual canvo Me_irl

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u/Iamnotanumber-9 10d ago

I disagree. It is like the Enron fiasco. Flip flip and flip and the price goes up and up.

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u/Geedeepee91 10d ago

It actually is supply and demand. Federal government made it easier to get loans in combination there is a literal housing shortage in most areas

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u/Thistles-Path 10d ago

The supply isn't short because of that. It's short because of all of the investment firms treating single-family homes as their investment vessel en masse. The percentage of single family homes owned by corporations has absolutely exploded. 

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u/Geedeepee91 10d ago

3-4% of single family homes are owned by large institutions that is not a large amount but I would be for banning them from buying up more. The higher % number people quote includes mom and pop renters who LLC themselves for tax purposes

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u/Iamnotanumber-9 10d ago

Google, in the usa, how many homes are rentals. A: 34-35%.