LogFAQs > #954455196

Son Of Spam posted...

Aren't you being a bit pedantic about this? The main takeaway is that a large number of home buyers on the market are people or corporations buying houses to rent out or flip. You aren't just competing with other people who want to buy a house to live in it. You're competing with rich private equity firms that can easily outbid you.

My main objection was the claim that demand from institutional investors isnt "supply and demand"

Yes i am being a bit pedantic about hedge funds vs pension funds but given the internet's recent hate boner against hedge funds specifically, its a point worth making

Especially given this mindset:

MaddenDude-- posted...

tbh if theres some plausible way for the rich to screw over the poor, its probably already happening.

Pension funds fund pensions for teachers and shit. Thats not really "the rich screwing over the poor"
---

These old bones live to learn her wanton ways:
(I measure time by how a body sways).