No idea where they got that stat from because it's not supported by anything they've linked to.<p>The article attributes the stat to "a study by Business Insider" but the reference links to an article in The Atlantic which: A) doesn't support the claim and B) is mostly dedicated to debunking it.
If housing is to remain a good investment, it will eventually become unaffordable. Today housing is made into a good investment by artificially restricting its supply.<p>You can never ever square this circle. PE has nothing to do with it; they are just looking for returns.
The linked to Atlantic article literally makes the opposite point; the subtitle there is "Blaming the housing crisis on hedge funds and private equity may be easy, but it’s dead wrong."<p><a href="https://www.theatlantic.com/ideas/archive/2023/01/housing-crisis-hedge-funds-private-equity-scapegoat/672839/" rel="nofollow noreferrer">https://www.theatlantic.com/ideas/archive/2023/01/housing-cr...</a>
Related:<p><i>Investors snagged 1 in 5 homes for sale in Boston area, worsening housing crisis</i><p><a href="https://news.ycombinator.com/item?id=38520974">https://news.ycombinator.com/item?id=38520974</a>
The article cites a study by Business Insider, but the link actually links to a completely different article (from the Atlantic) that, ironically enough actually makes the exact opposite point of what this article is trying to make.<p>Business Insider has an article ( <a href="https://www.businessinsider.com/average-americans-beating-wall-street-new-homes-real-estate-homebuying-2023-11" rel="nofollow noreferrer">https://www.businessinsider.com/average-americans-beating-wa...</a> ) from 5 days ago about home buying, but I don't see that 44% number anywhere.