[impossiblefork]

It going to be misleading to look at the fraction and I think it's misleading to only look at PE investors. It's more important to look at the fraction of demand for homes that are on the market.

Investors bought 1/3 of the US homes sold in 2023. This is, I think, quite alarming, especially since a small amount of extra demand can have a large effect on prices.

[xadhominemx]

That 1/3rd is almost all small time flippers who renovate properties before resale.

[intrasight]

Good point. Flippers shouldn't be included in that stat. But I doubt that it's "almost all".

The statistic that matters is the ratio of owner occupied to rented single family homes.

[riku_iki]

this would need some source citation. There are plenty of investors on the market holding rental properties.