The St Louis fed did a study about this: https://s3.amazonaws.com/real.stlouisfed.org/wp/2020/2020-04...
“We find that investors' purchases increase the price-to-income ratio, especially in the bottom price-tier”
The St Louis fed did a study about this: https://s3.amazonaws.com/real.stlouisfed.org/wp/2020/2020-04...
“We find that investors' purchases increase the price-to-income ratio, especially in the bottom price-tier”