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Reply to "Wall Street thinks US homes are overvalued by as much as 30+%"
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[quote=Anonymous][quote=Anonymous]See, there is no housing crisis. PE companies and ultra-wealthy people are just using this PR spin to advocate for upzoning policies that destroy the middle class while boosting their wealth. [/quote] What's funny about this is that the companies that invest in single family homes actually say very clearly in their filings that the regulatory limits on new supply is a key reason that they see value in their holdings. The companies which are buying single family homes love supply limits because it means the things they buy go up in value and they throw off more rental income.[/quote]
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