Are ‘mom-and-pop’ investors pricing out first-time homebuyers? - National | Globalnews.ca
globalnews.ca
Experts said that wealthy investors with second or third properties are pricing out first-time homebuyers and reducing the overall housing supply in the real estate market.
  • MaxHardwood@lemmy.caEnglish
    6·
    8 months ago

    Nobody is homeless waiting for a home to be built they can purchase. There isn’t a physical housing shortage.

    • ramjambamalam@lemmy.ca
      13·
      8 months ago

      Are you suggesting that building affordable homes wouldn’t help anyone escape homelessness?

      • MaxHardwood@lemmy.caEnglish
        3·
        8 months ago

        Homeless people aren’t usually the class that can secure a mortgage or have the cash to purchase a home regardless of the affordability of the home.