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Chainfire

(17,757 posts)

11. Home buyers are competing with investor groups to buy homes.

Reply to Yo_Mama_Been_Loggin (Original post)

Mon May 23, 2022, 05:36 PM

May 2022

That certainly drives up prices. The investors have deep pockets and are in it for the long game. The investors want to corner the market and make everyone a renter. It is part of corporate America's mission and motto, "What can we take from you today?"

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Highlight:

Housing Nightmare Continues, as Rent Soars and Home Prices Rise [View all] Yo_Mama_Been_Loggin May 2022 OP

New, 5% mortgage rates, may have impact. empedocles May 2022 #1

My daughter in Bay Area Tree Lady May 2022 #2

I'm selling my home and living in a tent so my daughter can buy a home in the Bay Area. usonian May 2022 #7

Cool pic! Tree Lady May 2022 #8

Good luck! usonian May 2022 #10

They'll need a crowbar to pry me out of my house Johnny2X2X May 2022 #3

This is the direct effect of rising wages. Whenever workers' wages get a break... Bucky May 2022 #4

I'm convinced I'll never be able to really own a home. Initech May 2022 #5

There are plenty of disused cities throughout the U.S.A. hunter May 2022 #6

Don't worry folks. roamer65 May 2022 #9

Home buyers are competing with investor groups to buy homes. Chainfire May 2022 #11

This right here Bettie May 2022 #13

And as usual, everyone will blame Democrats Marius25 May 2022 #12