[Pxtl]

Then why aren't rents cratering? You think PE isn't renting these homes out?

Supply and demand applies here. These equity firms rent those homes out. So as they amass more and more housing, rent should be going down as there are more rental units on the market.

Unless the problem isn’t the equity firms. If the problem is just that there just isn’t enough housing, then it doesnt matter if you’re looking to buy or rent, somebody is going to outbid you regardless. Which is what is happening.

I’m always confused why people go to such lengths to find anybody to blame rather than the people who actually govern building housing: municipalities.

Either that or somehow we've all collectively suffered brain-damage and no longer know how to build a shelter for less than a $million.