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by jmoak3 1468 days ago
Something like 15% of all home sales over the past year were institutional buyers according to a report by the national association of realtors. [0]

It was more dramatic for some counties - Austin’s for example saw 41% of homes sold to institutional buyers.

As rates rise and a recession looms, time horizon before profitability shrinks and ability to pay rent falls into question, which puts these regions at risk of a crash in price as these parties may have to liquidate.

Tread lightly!

[0] https://cdn.nar.realtor/sites/default/files/documents/2022-i...

EDIT: 20% to 15%