FBXL Social

The meme skips this, which is one of the biggest factors..

https://slate.com/business/2021/06/blackrock-invitation-houses-investment-firms-real-estate.html

investors are depleting the inventory of the precise houses that might otherwise be obtainable for younger, working- and middle-class households, in the cities where those workers can easily find good-paying jobs, like Atlanta (22 percent of home purchases according to Redfin data), Charlotte (22 percent), and Phoenix (20 percent). More importantly, they’re able to scour those markets scientifically and systematically to make cash offers on the most attractively priced properties.