Institutional home purchases are pricing potential homeowners out of the market. Homeownership has customarily been one of the core and fundamental pillars of the American dream. The financial benefits that accompany homeownership are plentiful and include the ability to accumulate wealth, access to credit, the accumulation of long-term savings over the cost of renting, and the potential reduction in housing costs through mortgage interest deduction. Home, and other asset ownership conventionally improves the well-being of families by empowering them to increase their prosperity and delegate wealth to future generations. SNIP In the first quarter of 2021, one in every seven...
