Private equity buyers absolutely are contributing to housing prices skyrocketing. The percentage of their effect is up for debate, but as someone who bought a home in the last few years, I was fighting big investors that were making cash offers left and right on every house I tried to get.
Meat production is one of the largest green house gas emitters, but data centers aren’t helping either. BOTH can be a problem. It’s and AND statement, not an OR.
Private equity buyers absolutely are contributing to housing prices skyrocketing. The percentage of their effect is up for debate, but as someone who bought a home in the last few years, I was fighting big investors that were making cash offers left and right on every house I tried to get.
Meat production is one of the largest green house gas emitters, but data centers aren’t helping either. BOTH can be a problem. It’s and AND statement, not an OR.
People point to these two things because they want an easy solution and don’t want to adjust their own behaviors.
If you deleted every data center and banned private equity in real-estate we’d still be in the exact same position.