> starting with institutional and overseas investors.
This would do next to nothing. The landlords buying up real estate are mom-and-pops with fewer than 10 properties. Which makes sense, because residential property is a pretty decent passive income that's only accessible to people with wealth but are not a good asset for large institutions.
Otherwise banks wouldn't sell foreclosed homes at a discount, they'd hold onto them if it was more profitable.
You might want to read into data like this (1) to get a better view of how much housing stock those companies own as a proportion of the total market (it's very little). The data is kind of hard to get, because many small landlords have incorporated as LLCs/LLPs and they make up the bulk of "corporate" ownership.
But it's pretty clear that the big time owners like institutional investors/REITs/etc own less than 2% of all units.
This would do next to nothing. The landlords buying up real estate are mom-and-pops with fewer than 10 properties. Which makes sense, because residential property is a pretty decent passive income that's only accessible to people with wealth but are not a good asset for large institutions.
Otherwise banks wouldn't sell foreclosed homes at a discount, they'd hold onto them if it was more profitable.
(1) https://www.housingwire.com/articles/no-wall-street-investor...