They aren't buying homes where you would live, they own vacation homes in 8 digit figure mansions that low liquidity. How do ppl keep making this mental gymnastics here?
You want to ban REITs, institutional money and local landlords with access to near 0% debt buying up and flipping homes. The average immigrant that buys homes from them aren't here to start a portfolio, they can't
By your argument, New Iroquais should be owned by the original people that lived there.