LogFAQs > #954861789

I'm reminded of Superman 1.

I wonder how sensitive home prices are to the share of home sales to investors. The figure lately was lower than what I had expected, with large-scale operations tapering their purchases since the 5 or so years after the housing crash. A graduated tax on the number of single-family homes would drive investors to other store-of-value vehicles (crypto maturation would also help towards that), so if it also had an outsized effect on price it would be quite the demand-side mechanism for lower and middle class home ownership.

Though, I feel it's more of a supply choke. And technically a function of infrastructure to support sprawl increase since the commute sweet spot is about 30 minutes regardless of travel technology.

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If there is one thing I know, it is that I know nothing.