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this post was submitted on 17 Jan 2024
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I’m shocked! Is this yet another article that tries to blame the average American for the housing market problems instead of residential real estate “investors” buying up all the properties to rent or use as airbnbs?
Or what about the foreign investors who are buying up land and homes with what seems to be zero oversight?
But obviously it’s the boomers who just want to live in the house they bought.
Also, y'know just the overall lack of houses. It's not all greedy investors
https://usafacts.org/articles/how-many-vacant-homes-are-there-in-the-us/ 10% of homes in 2022 in the US were empty
That stat by itself means nothing because
It disproves the idea that there aren't enough homes. When i was homeless person I didnt care where the house was. Second homes of the wealthy are vacant. landlords are part of the problem and are scum.
The GOP's constant gigantic tax cuts for the rich are a huge force inflating costs of houses for everyone.
It's the scapegoat to try and avoid the legislation that needs to happen to put a stop to this bullshit.