alt Hacker NewsPrices are decided at the margins. Having PE and REITs at every single table, even if their actual ownership is small as a %, makes huge differences.
Prices are decided at the margins. Having PE and REITs at every single table, even if their actual ownership is small as a %, makes huge differences.
You’re still missing the key point: Hedge funds and REITs aren’t arbitrarily buying housing at any cost.
They are responding to the market. If they overbuy then they will lose money and have to sell at a loss, at which point you could snap up some good deals.