Not most, historically 15% of supply has been bought up by investors. Most recent figures I’ve seen from 2022 it was 19%. That might be still too high but certainly not the majority.
Nah, ~20% of all housing supply is already owned by investors. Over 50% of new builds are now being bought by investors (over 80% in some cities) [0][1].
[0] https://betterdwelling.com/canadian-cities-have-seen-up-to-9...
[1] https://betterdwelling.com/canadian-real-estate-investors-co...