This is a non story, full of anecdotes without getting into the actual problem that home prices have been rising across the country faster than wages, making it harder for the lower income segments and young people to buy homes. That's it.
Look at this hypocritical anecdote from the article:
Back in 2001, Nicole Prince was able to buy a modest, three-bedroom home there while earning $12-an-hour. She lived in the house for a few years, moved to something bigger nearby and kept it as a rental. Last year, Prince, who’s Black, decided to sell and turned to the iBuyers. Offerpad agreed to pay $191,000 — far more than she thought she’d get: “I was like, ‘What?’ You couldn’t say no.”
The sale closed in mid-September. About three weeks later, the house was scooped up by Tricon Residential, a landlord that buys and manages single-family rental homes, for $5,000 more than what Offerpad paid, according to data from Attom. It still nags her that it didn’t go to a young person or family of color — somebody that was starting out like she was two decades ago.
So she got a far higher than expected price, but then has an opinion on who the new owner should sell to? If she actually cared, she could have chosen to sell at a lower price to her desired target audience herself.