re: Homes in upper middle class neighborhoods going up for rent

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yes, this idea that giant corporations are the ones buying all these house is completely false

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Your graph shows that entities with 1000 or even 100 or more properties making SFR purchases wasn’t really a thing prior to 2019. Now it is and the share of purchases to these entities is accelerating upwards.

If this is profitable, you know there will be an endless amount of money available to these entities to make even more of these purchases. It’s not like it’s just going to stop on its own.

I’m not saying we all need to freak out, but it seems kind of reasonable to be concerned if you’re someone who doesn’t want to live in a world where fewer people are truly invested in the SFR communities they live in.