Are ‘mom-and-pop’ investors pricing out first-time homebuyers? - National | Globalnews.ca
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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.
  • twopi@lemmy.caEnglish
    2·
    9 months ago

    It’s both.

    If you just look at supply and demand graphs.

    Where S is supply, D is demand, N is number of people, I is number of investors, and P is price you’d have:

    1. S[=N+0]=D[=N+0], P-
    2. S[=N+0]N+0]>D[=N+0], P▼
    3. S[N+0]>D[=N+0], P▼
    4. S[>N+I]>D[=N+I], P▼