Jonathan Miller
speaker
33 appearances
1 recordings
1 series
first heard Jan 2026
last heard 8 Jan
Jonathan Miller’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Jan 2026 with 1.
Appearances
Well, I think that, you know, they're very much in the public eye, very visible.
They only account for about 1% of the single-family housing stock, and it's so banning them from purchasing.
I think the perception with the public is that they dominate inventory.
They basically, you know, one of the most challenging aspects of housing and why we're in an affordability crisis is because there's been inadequate supply.
Okay.
However, they're very tiny.
They're a 1% sort of number.
And then on top of it, the highest concentration of institutional investors, Wall Street per se, is in the South, the Sunbelt, which has excess supply right now.
So I
I'm having a hard time connecting the dots on how this will help improve affordability.
I think it's a non-issue, generally, for solving that problem.
Absolutely.
The perception, perception is value.
And so they were highly visible coming in and sort of scooping up 2012, 2013, a tremendous volume of foreclosed homes after the financial crisis and have made it work.
And some of the firms have even sold off
part of their portfolios as the market has peaked in the last couple of years.
So I see this as disconnected from what the actual problem is.
The problem is to enhance affordability.
And I don't think the institutional aspect of the housing market has much to do with it.
Yeah.
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