How private equity is changing housing

One of the issues the article doesn't mention is that these houses are effectively cheaper to purchase for corporate owners. Generally they can borrow money at a lower rate, but the ability of corporate owners to use depreciation on a new purchase to offset profits from previous purchases is more significant. Effectively they are redirecting money that would be paid in taxes into the payments on the new purchase.

Build enough housing and all of the sudden it isn't such a sure thing investment.

Not easy to do of course, but the problems that come with building more housing are better then the problems we have now.