You correctly blame corporate buy up of real estate as a problem but nobody ever cites upper income new immigrants as a problem. Where I live the only people purchasing $600k - $1 million residential properties are newly arrived Chinese, Eastern European, South Asian and Arab immigrants.
Makes for a very angry native population who are being pushed out of the places they were born for new arrivals. We'll never be able to build enough housing to account for the continual flow of well to do immigrants and native population.
Makes for a very angry native population who are being pushed out of the places they were born for new arrivals. We'll never be able to build enough housing to account for the continual flow of well to do immigrants and native population.