At scale, it limits the supply of available homes to buy which increases the prices.

When we constantly read stories about people not being able to afford homes today, it’s all driven by pure supply and demand. When a firehose of money gets aimed at any aspect of the economy everything gets more expensive.

This is from institutional investors. Sometimes it’s government when we are talking about the price of education or healthcare for example.

Isn’t manipulation of zoning an example of why it’s important and how even with a small share they can have an outsized influence on the market? Also I seriously doubt the return to work directives are driven by anything more then the projected drop in property values.

And neither is rented strictly better than owned. You would care if you wanted to own but couldn't.