Ownership Dynamics of U.S. Housing Market

The chapter examines the ownership of housing stock nationally, focusing on the percentage owned by non-local entities like out-of-state and institutional investors. It discusses the impact of remote rental property management and the consequences of absentee landlords on communities, using examples from Detroit. The conversation also delves into rental pricing algorithms, collusion in the market, and the shift in the housing market dynamics towards stability due to out-of-state ownership concentration.