• underisk@lemmy.ml
    link
    fedilink
    arrow-up
    1
    ·
    7 months ago

    Do people hold shares in the private equity firms buying up all the homes and driving up the housing costs? No no it’s all the NIMBYs fault.

    • waigl@lemmy.world
      link
      fedilink
      English
      arrow-up
      0
      ·
      edit-2
      7 months ago

      Corporations holding residential real estate are a growing part of the problem, but still a small one. The vast majority of single famliy homes are still owned by either their residents or small time, non-incorporated landlords.

      Never mind increasing the supply of housing would drive down prices and remove pressure regardless of who owns the existing stock.

      • underisk@lemmy.ml
        link
        fedilink
        arrow-up
        1
        ·
        edit-2
        7 months ago

        Do private homeowners and small-time landlords generally leave their homes vacant?