Loading ...He’s wrong, its not just big institutional corporations. I noticed decades ago, because our fiat money loses value over time, many people put all their savings into buying extra houses, like hoarding houses. I know an old lawyer that owned 100 homes that are rented out.
Try to imaging if people put their savings into cars? Hoarding them, they would drive the prices higher than normal and most people would not be able to afford one, they’d be forced to rent a car.
However, in a real money system like a hundred years ago, people putting their saving or hoarding gold or silver won’t hurt the public at all. Plus the hoarding or saving AU and AG would drive the values up, and over times less and less money would be needed to buy things.
You would never have to ask for a raise. In fact from 1800 to 1934 prices we slightly lower over time. If you had an old Sears Catalogue you would not need a new one every year.
P.S. maybe getting rid of all the immigrants will lessen demand. In fact in my area Fairfield advertises full page adds with $99 security and no rent raises if you sign for two years, so maybe the results of a glut of apartments is starting.
parts:
Private equity giants, real estate investment trusts and other large institutional investors have amassed sizable portfolios of single-family rental homes over the past decade. Many have argued that these investments have reduced housing supply for would-be homeowners and helped drive up prices.
Blackstone was the largest private-equity owner of apartments in the U.S. with more than 230,000 units, according to data from the Private Equity Stakeholder Project released last year. Blackstone in recent years has spent billions acquiring real estate companies such as Tricon Residential, American Campus Communities and AIR Communities.
https://www.cnbc.com/2026/01/07/trump-housing-affordability.html