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A Macro View: What Happens Nationwide Nationally, this dynamic is changing the housing market. Home prices hit record highs in 2022 and 2023, and while some experts blamed inflation or supply chain issues, corporate ownership played a massive role. By converting so many homes into rentals, companies reduce inventory for buyers, driving prices up. The ripple effects extend to cities like Atlanta, Phoenix, and Dallas, where investor purchases are particularly high. These markets now see less affordability and fewer options for middle-income buyers, who are forced into long-term renting https://mikebaytoday.substack.com/p/the-housing-crisis-monopoly-how-blackrock