Anyone know what kind of people are on the sell side of the housing boom? And where are the owner-occupiers among them moving to?
Flippers? Hedge funds? Retiring boomers? Farmers?
I don’t really get the role banks and hedge funds/PE are playing in this market. Lots of talk about it, but how much of this is primary buying/selling vs financialized activities, flipping, foreclosure sales of covid-distressed etc…