• SCB@lemmy.world
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    11 months ago

    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

    • Katana314@lemmy.world
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      11 months ago

      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.

      • SCB@lemmy.world
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        11 months ago

        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