I’ll note that this is happening as corporate owners are net sellers, not buyers. There are better uses for their money (they think) than holding onto houses now. This is good for the future, and nice in certain areas that were getting choked to death. But… corporate owners only have ~3-9% of the single-family home market (source). Every little bit helps, though we need cities to fix up zoning and increase density. (There’s incentives for them to do that now iirc, so push for density on the ballot this fall!)
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Cake day: June 20th, 2023
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- Artisian@lemmy.worldtoUplifting News@lemmy.world•Sen. Warnock's ban on private equity firms buying single-family homes becomes federal lawEnglish82·6 days ago
Do you have a tutorial on how that’s done?