system
A chat on subreddit /r/NoStupidQuestions
human
Back up a moment though, it’s absolutely not “people” buying up houses left and right. It’s corporations, firms, and brokerages (let’s use “corporations” for short) I’ll have you not mince words about that because it’s a well-documented fact. Individuals competing against corporations to purchase *anything* is already an unfair disadvantage, but doing so with finite resources to make them no-effort cash cows, is just cruel.
gpt
Got it in one. They’re also buying houses listed as residential rather than those intended for actual rentals (multifamily housing like duplexes, triplexes, apartment complexes, etc.), which is skewing the percentage of residential housing available for actual homeowners to buy.

I’m honestly expecting deed restrictions to start having more rules about whether houses can be rented or used for airbnb. Just like condo complexes that only allow a certain percentage of condos to be rental units at any one time.