Exploiting Veterans To Advance Unaffordable Housing Agenda
The article discusses the impact of monetary policy on housing values and the role of investors in the housing market. It highlights that a significant portion of homes are owned by individual investors rather than large institutions. This trend raises concerns about the affordability of housing for veterans and others.
- ▪Misguided monetary policy has led to a spike in home values.
- ▪Housing serves as a common inflation hedge for investors.
- ▪Almost 90% of homes are owned by individual investors rather than large institutions.
Opening excerpt (first ~120 words) tap to expand
One of the side effects of our misguided monetary policy in recent decades is the spike in home ‘values’. Housing is one of the most common inflation hedges this side of gold. It gives investors a relatively safe place to park their resources, and put them to work. But it’s not just big institutional investors who act as landlords. Almost 9 in 10 such homes are owned by those who can count their entire portfolio on one hand. Read Full Article »
Excerpt limited to ~120 words for fair-use compliance. The full article is at RealClear Markets.
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