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To: millenial4freedom
It isn't Millennials fueling housing. Perhaps, avocado toast.

Home buyers, especially gen x, y, z etc. get to compete with cash buyers.

Those cash buyers are hedge funds, sovereign wealth funds, foreigners, wealthy, private investors, etc. Those are the only players fueling a bubble via .gov

Asset inflation via helicopter money from .gov helps the wealthy get wealthier, inflation is a middle class and poor problem.

2 posted on 04/27/2023 11:29:36 AM PDT by Theoria
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To: Theoria

I love avocado toast


7 posted on 04/27/2023 11:45:23 AM PDT by al baby (Yes he did he said how come i wasnt invited )
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To: Theoria

Simply not true, the # of homes being bought by investors has gone up some, but not that much, and homes built has increased by more in the last 3 years. Most buyers are existing homeowners. Investors are disproportionately being on the low end, but they’ll be hit the hardest when the article’s phenomena starts to happen.


16 posted on 04/27/2023 12:15:47 PM PDT by rb22982
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