This article quotes the “1/3 of 1%” number for large scale property investors. Seems like the vast majority of property buys are still people that intend to live there, though the “49% of 26%” (btw why are all the statistics in these weird formats???) are 1-9 property owners”mom and pop” investors. That number is actually way bigger than i thought. I could see this being a problem is some locations more than others though. That might make the problem feel bigger in some areas.

Thanks for the info.

I was aware of that. It just annoys me that articles ignore it altogether to make us think scummy corps don't have anything to do with bidding wars, mortgages or housing costs and availability.

US citizens are fighting US companies a lot more than foreign nationals. We have enough homegrown pieces of shit without having to look at other countries.

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