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Homebuying activity is falling off a cliff (On a yearly basis, pending transactions were down by 18.7%) (finance.yahoo.com)

submitted 1 year ago by [email protected] to c/[email protected]

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[–] [email protected] 7 points 1 year ago

Big rental corps will absolutely sell buildings when they think rents are too low. They'll sell them in bulk to some other big rental corp, though, not piecemeal, one-by-one, to owner residents. Too much overhead and time in a couple hundred individual transactions when you can just do one deal.