here is the problem: single family homes have now been financialized--the corporations have invested in them and will want to maintain the increase in home prices...therefore corporations will do what they have always done to increase the value of their assets--they will buy politicians and get the politicians to pass laws to keep home prices up...such as? Ok, such as passing state and federal laws that make home building more expensive, time consuming and costly...more strict environmental regulations are the most likely tool to be used by the corporations & politicians to suppress the supply of new homes...
I have been in real estate development for quite a few years, and opponents to more housing are never corporations. It is always individual home owners who do not want multi unit housing or smaller housing in their neighborhood (i.e. poorer people) or do not want roads to get more congested, etc. Not once have I seen an agent of a corporation come to a city council meeting and protest against rezoning land for more housing.
the corporations go to the politicians and pay them money. The politicians then pass laws that make it harder to build housing. Thus supply is restricted.
> single family homes have now been financialized--the corporations have invested in them
Single family homes have been financialized for decades, well before corporations started investing in them. And corporations own less than 1% of the single family housing, so not enough to make a difference.
> they will buy politicians and get the politicians to pass laws to keep home prices up
Politicians aren't listening to corporations when they pass laws to keep home prices up and keep supply down; they're listening to the "average homeowner", because that's the much bigger political bloc (> 50% in many cities), compared to a few corporations. If corporations had much influence, we'd have a lot more construction years ago when corporations didn't own many SFH, since many (like developers) do want more construction.
