The Fed Is Pitting Wall Street Against Main Street, Investor Share Of Home Purchases Soars (How Far Will The Fed Go With “Tightening”?)

Confounded Interest ^ | 05/28/2022 | Anthony B. Sanders

[BfloGuy]

The problem with the housing market is that twenty-somethings have never seen interest rates much higher than zero. At 6%, they’re still way below the inflation rate.

[vivenne]

That says they know something that your friend doesn’t. Sounds like the Globalist plan to have us all renting and virtual serfs. If there are no houses to buy then that makes it easier for them.

[packagingguy]

I think they might be purchasing houses knowing they will take a loss on rapid depreciation. They can write it off on taxes. They have so many other investments it doesn’t matter, just lowers their taxes.