And here I thought people who want to live in houses add to demand for housing.
Investors buy houses that people want to live in. If people don't want to live someplace, you won't see any investors there either.
Desire is a necessary component in demand, but it also requires willingness at a given price point. If houses are selling for $1,000,000 and you only have $500,000 to spend, then no matter how much you dream every night about having a home, you are not a contributor to demand.
Of course we can stop collusion. What are you even talking about?
Great! Now we're talking real solutions that can actually help people :)
> Of course we can stop collusion. What are you even talking about?
Besides laws and regulation (which already exists and clearly isn't enough), what is your suggested solution for stopping collusion?
Price fixing is/was already illegal in the US (if I understand the Sherman Act correctly), yet the largest landlords in the US was found to engage in price-fixing and artificially raising rents. https://www.propublica.org/article/justice-department-sues-l...
