booja@booja.ca to Canada@lemmy.ca · 7 months agoAre ‘mom-and-pop’ investors pricing out first-time homebuyers?globalnews.caexternal-linkmessage-square51fedilinkarrow-up1106arrow-down18
arrow-up198arrow-down1external-linkAre ‘mom-and-pop’ investors pricing out first-time homebuyers?globalnews.cabooja@booja.ca to Canada@lemmy.ca · 7 months agomessage-square51fedilink
minus-squaretwopi@lemmy.calinkfedilinkEnglisharrow-up2·7 months agoIt’s both. If you just look at supply and demand graphs. Where S is supply, D is demand, N is number of people, I is number of investors, and P is price you’d have: S[=N+0]=D[=N+0], P- S[=N+0]N+0]>D[=N+0], P▼ S[N+0]>D[=N+0], P▼ S[>N+I]>D[=N+I], P▼
It’s both.
If you just look at supply and demand graphs.
Where S is supply, D is demand, N is number of people, I is number of investors, and P is price you’d have: