I would be curious to know how many more investors, landlords, and vacation home / pied a terre` owners there are compared to the 50’s when homeowners primarily bought SFR’s for their families. I’m no economist or finance major but I’m sure this must have some effect on supply and demand for starter homes.
Who wouldn’t want to have their home make money for themselves during retirement or instead of 9-5 job?
FYI I had my chance to buy one in 2010. I’m sure there are many others who were too picky like myself and didn’t realize what a good opportunity that would be to combat rising rent prices in the future.
