Because of boomer NIMBYs and the great recession causing a massive undersupply of housing, and the size of the millennial generation causing a huge increase in demand, housing is a great investment. NIMBYs will ensure housing supply stays low for the foreseeable future, keeping it a good investment.
Because it’s a great investment right now, investment companies are buying housing.
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You’ve got cause and effect backwards there.
Because of boomer NIMBYs and the great recession causing a massive undersupply of housing, and the size of the millennial generation causing a huge increase in demand, housing is a great investment. NIMBYs will ensure housing supply stays low for the foreseeable future, keeping it a good investment.
Because it’s a great investment right now, investment companies are buying housing.