Investment companies have a lot invested. They don't need to liquidize but they need to show to growth to investors. It is in their interest to keep prices up even if they don't sell. If enough people were to take their money out it would collapse, but that ain't going to happen.
Galean is right. To illustrate think of the inverse that happened with gamestop. As long as Nobody was selling prices went up, in that case it was a Bad Thing so the aristocrats did some dummy sales to inflate supply, lowering the price.
In this case it's the opposite, prices only go up if the only things that sell are going for a higher rate. You're confused because you're a functional human being and not a finance guru, to you a market with low turnover is bad, but to the bookies who place the bets all that matters is the sticker.
Why isn't this affecting prices? Because investment companies that speculate on houses have no selling pressure.
Investment companies have a lot invested. They don't need to liquidize but they need to show to growth to investors. It is in their interest to keep prices up even if they don't sell. If enough people were to take their money out it would collapse, but that ain't going to happen.
I think "investors" is Blackrock which means they have no issue since they're jacking up rent prices and everything else.
Galean is right. To illustrate think of the inverse that happened with gamestop. As long as Nobody was selling prices went up, in that case it was a Bad Thing so the aristocrats did some dummy sales to inflate supply, lowering the price.
In this case it's the opposite, prices only go up if the only things that sell are going for a higher rate. You're confused because you're a functional human being and not a finance guru, to you a market with low turnover is bad, but to the bookies who place the bets all that matters is the sticker.