• pdxfed@lemmy.world
    link
    fedilink
    English
    arrow-up
    13
    ·
    19 hours ago

    That was the hope I had a decade ago, but as a commodity with inelastic demand, VC firms and investment funds over the last decade are now snapping up residential properties by the boatload and will inflate prices for both buyers and renters for much longer than any boomer selling might improve availability or pricing.

    • Pistcow@lemm.ee
      link
      fedilink
      English
      arrow-up
      1
      ·
      16 hours ago

      I feel likenifbthere was justice in this world a corporation wouldn’t be able to buy a residential home, but yah know, corps have more rights than us silly humans.