IMO, investors should not be allowed to buy homes

[LotusBud]

There are 15 million empty homes in the US

They are empty because they are unaffordable or there is no way to make a living in the area. Not because there are not enough people who need housing.

 

[Lily]

There are 15 million empty homes in the US

You mean abandoned or on the market?

 

[RANCIDMILKO ™ ®©]

You mean abandoned or on the market?

Abandoned, rentals, seasonal and waiting renovation. Foreclosured too.

 

[Lily]

Abandoned, rentals, seasonal and waiting renovation. Foreclosured too.

Interesting. Housing prices are holding steady...but sounds like there may be a correction or crash in the future.

 

[Admin.]

Interesting. Housing prices are holding steady...but sounds like there may be a correction or crash in the future.

Existing home sales are in decline

 

[Lily]

Existing home sales are in decline

It is true in certain markets. It has to be prevalent in large regions of the country to make a big impact.

 

[RANCIDMILKO ™ ®©]

Interesting. Housing prices are holding steady...but sounds like there may be a correction or crash in the future.

Or maybe they'll just use the same strategy they use to keep diamonds expensive

Control the offer to control the prices

 

[Lily]

Or maybe they'll just use the same strategy they use to keep diamonds expensive

Control the offer to control the prices

Possibly, but investors will cut their losses if the profits become too narrow.

 

[The Best Holliday]

Existing home sales are in decline

Are people moving back to the cities as well?

...Yes - I looked it up.

 

[Lily]

Are people moving back to the cities as well?

I know that it's happening in some cities.

 

[Admin.]

Are people moving back to the cities as well?

Corporatocracy is trying to drive that with some success