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Comment by DoctorOW | Hacker News Reader

I find it hard to believe that the private equity groups which each own dozens of properties in my region is run by immigrants for less than the median wage. That said, were you to share any data, I'd be more than happy to regard it.

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who do they sell/rent those properties to?

A growing number remain empty, hundreds of thousands of homes are unoccupied in the United States, especially rentals.[1] It turns out multiple billion dollar corporations can afford to keep homes empty in order to raise the price of their assets. Also, just think about what you're saying. Do you really think someone who makes less than you do, without any credit history, is purchasing a home that's out of your price range? If making less money would help you afford a home, I'd be happy to take it off your hands. :)

[1]: https://data.census.gov/table/ACSDP5Y2023.DP04?t=Housing+Uni...

>It turns out multiple billion dollar corporations can afford to keep homes empty in order to raise the price of their assets.

would they be doing that if they didn't have a guarantee that importation of millions of people will continue?

>Do you really think someone who makes less than you do, without any credit history, is purchasing a home that's out of your price range?

there are millions of Chinese and Indians who can buy those homes with cash.

So someone is in China or India doing incredibly well financially and would like to use this to overpay for a house and work more hours for less money? And this is true for millions of people? And there's data that proves this???

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