TL;DR: Americans now need to make $120K a year to afford a typical middle-class life and qualify to purchase a home. Minimum.
TL;DR: Americans now need to make $120K a year to afford a typical middle-class life and qualify to purchase a home. Minimum.
Not all homes are for sale every year. The vast majority are not.
If Wall Street buys 30% of all homes for sale this year, that does not mean that they now own 30% of all homes that exist, only 30% of those that happened to go on sale this year.
To answer the proximate question, about 70% of rental properties are owned by individuals.
https://www.pewresearch.org/short-reads/2021/08/02/as-national-eviction-ban-expires-a-look-at-who-rents-and-who-owns-in-the-u-s/
Okay, so we’d expect about 10% of single family homes to be owned by corporations.
Your source is a bit outdated. Here