I tried for years to buy a home. Wall Street always beat me — Trump made the right call
Fox News
What President Donald Trump's new executive order means for homebuyers struggling against Wall Street investors buying single-family homes in cash deals.
Hayden Dublois is data and analytics director at the Foundation for Government Accountability.
But what makes it even more difficult is that a huge number of homes aren’t even used as homes. About one out of every four homes on Marco Island is used as a short-term rental. While they were built for families and first-time homebuyers like me, they aren’t actually available for purchase. A lot of them are owned by regular people who’ve decided to rent out their old place. But others are owned by institutional investors — i.e., companies as far away as New York City.
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