@[email protected] to [email protected] • 2 years agoNew Legislation Proposes to Take Wall Street Out of the Housing Marketwww.nytimes.comexternal-linkmessage-square243fedilinkarrow-up11.47Kcross-posted to: [email protected]
arrow-up11.47Kexternal-linkNew Legislation Proposes to Take Wall Street Out of the Housing Marketwww.nytimes.com@[email protected] to [email protected] • 2 years agomessage-square243fedilinkcross-posted to: [email protected]
minus-square@[email protected]linkfedilink3•2 years agoAssuming some large capital group buys all those homes, they’re going to do it to try to make money off of it. More supply means lower prices
minus-square@[email protected]linkfedilinkEnglish4•2 years agoConstraining supply, either by not building, or by buying everything available, means higher prices, so they don’t have to sell as many houses to make the same revenue.
minus-square@[email protected]linkfedilink2•2 years agoGonna go ahead and throw out that people whose job it is to make said revenue saying that selling more makes them more revenue makes this not track
Assuming some large capital group buys all those homes, they’re going to do it to try to make money off of it.
More supply means lower prices
Constraining supply, either by not building, or by buying everything available, means higher prices, so they don’t have to sell as many houses to make the same revenue.
Gonna go ahead and throw out that people whose job it is to make said revenue saying that selling more makes them more revenue makes this not track