return2ozma@lemmy.world to News@lemmy.world · 2 years agoNew Legislation Proposes to Take Wall Street Out of the Housing Marketwww.nytimes.comexternal-linkmessage-square89fedilinkarrow-up11.14Karrow-down16
arrow-up11.14Karrow-down1external-linkNew Legislation Proposes to Take Wall Street Out of the Housing Marketwww.nytimes.comreturn2ozma@lemmy.world to News@lemmy.world · 2 years agomessage-square89fedilink
minus-squareSCB@lemmy.worldlinkfedilinkarrow-up2arrow-down3·2 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-squareKatana314@lemmy.worldlinkfedilinkEnglisharrow-up2arrow-down1·2 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-squareSCB@lemmy.worldlinkfedilinkarrow-up2arrow-down1·2 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