[jethro_tell]

I don't think they are a majority and I think the main problem is lack of housing being built. But I do think that what housing is out there on the market faces stiff competition from companies not people. I'd assume there are a few people buying houses with cash but my guess is a lot of those stories you hear about people bidding 100k over ask and losing to a cash offer are mostly not people.

Theres a good number of companies that are open about increasing their housing portfolios. Even construction companies that built thousands of starter homes per year converting to rentals only.

These are long term changes, and not a quick cash grab at the bottom of the market.