Comment by davidw
People want to blame The Bogeyman so bad, but the answer is usually right around the corner in their own neighborhoods:
https://bendyimby.com/2024/04/16/the-hearing-and-the-housing...
I wish everyone who cares about the cost of housing could go to a hearing like that. It's a huge eye opener.
Also, here's a good debunking of investors being some kind of root cause rather than a symptom of housing that is scarce: https://www.theatlantic.com/ideas/archive/2023/01/housing-cr...
Both investors buying up homes and i-got-mine retirees can be part of the problem. They aren't mutually exclusive. One puts pressure on existing stock and the other ensures there's no new stock.