Investors comprised of 17% of October home sales, up from 13% in September

sharemywin 4y ago ↗

I wonder if investors are about to get burned on this. The assumption is you can extort rent out of people in nice neighborhoods. but, a lot of jobs are going remote, so won't people just leave a go more rural where prices are a lot more budget friendly?

game_the0ry 4y ago ↗

Investors do not get burned, they are now are confident that the federal reserve will not allow asset (read: housing) prices to go down.

In the event that prices do go down, then they will be bailed out in some form or fashion.

Investors comprised of 17% of October home sales, up from 13% in September (finance.yahoo.com)

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