Birdwatch Note Rating
2024-02-04 16:53:20 UTC - HELPFUL
Rated by Participant: 24B153D7A15BBFBD97437F5CB6041D47CF739CD23804BA4D47BF0EA18E3C4041
Participant Details
Original Note:
The Medium article reference incorrectly quotes a Business Insider article that is talking specifically about institutional investors purchasing "flips," not all resale homes, and only those sold in Q3 2022. Institutional investors' market share is <5% of homes in the US. https://www.businessinsider.com/big-investors-purchasing-more-single-family-homes-from-home-flippers-2022-11 https://www.housingwire.com/articles/no-wall-street-investors-havent-bought-44-of-homes-this-year/
All Note Details