hokiewolf said:
FlossyDFlynt said:
hokiewolf said:
Big win for Elizabeth Warren. Don't agree with this policy at all.
Care to explain or have an article as to why you think this? Ive heard it in other places from people I tend to agree with, but never understood it. I had issues a few years ago competing with them trying to buy a condo and it was a nightmare, so I admit I have some personal bias against those companies purchasing those properties.
Reduced zoning and reduced regulations increase supply and lower prices, not banning institutional investors.
Good luck getting that accomplished at the local level across the country. My issue with the institutional investors is that they have gobbled up all the low to mid range priced properties, which has artificially inflated prices of what used to be considered starter properties. Not to mention every single new build I have seen recently around where I live has been absurdly priced.
Again, thats just my experience. Would love to see some concrete data on all of it to see where it leads.