[josefritzishere]

This reads like a propadanda peice focusing on zoning (which is relevant) but disregards the recent supply-side affects of private equity companies moving hard into real estate.

They will point to the fact that they only own 2% of homes overall, but they purchased 24% of sold inventory in 2022 and 40% in 2023. That is huge.

https://www.washingtontimes.com/news/2024/mar/15/in-shift-44...

[zealtrace]

The article you reference paints a distorted picture. The survey it’s reporting on is specifically limited to properties purchased to be flipped, not the entire market. It also lumps BlackRock with family owned LLCs. Quoting the original article:

“When combining closings between both larger, private equity and smaller, independent operations, investors accounted for 44% of the purchases of flips during the third quarter, the data reveals.” https://www.businessinsider.com/big-investors-purchasing-mor...

The impact of investors on the larger market is much less clear: https://www.minneapolisfed.org/article/2024/rise-in-investor...

I found the original submission worthwhile because it moves beyond these sorts of discussions. I didn't view it as focusing on zoning, but on highlighting how our local democratic structures themselves contribute to these issues. It has implications that go beyond just housing.