Because of boomer NIMBYs and the great recession causing a massive undersupply of housing, and the size of the millennial generation causing a huge increase in demand, housing is a great investment. NIMBYs will ensure housing supply stays low for the foreseeable future, keeping it a good investment.
Because it’s a great investment right now, investment companies are buying housing.
Ya it’s totally millennials and not the investment firms buying everything up with cash. Brilliant article!! Gaslighting at its finest.
You’ve got cause and effect backwards there.
Because of boomer NIMBYs and the great recession causing a massive undersupply of housing, and the size of the millennial generation causing a huge increase in demand, housing is a great investment. NIMBYs will ensure housing supply stays low for the foreseeable future, keeping it a good investment.
Because it’s a great investment right now, investment companies are buying housing.