> 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.
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.