In an attempt to counter the "immigrants are the cause of the affordable housing crisis" I see Robert Reich has trotted out the old "1 in 5 houses are bought by investors" trope to make it seem like big corporations are the problem. "Investors" includes anyone who doesn't live in the home full time.

Especially given how incredibly NIMBY he is when it comes to his own city.

And you know why "investors" are in the housing market? Because returns are great. Same reason we put our retirement savings into the stock market. The solution for housing affordability? Build more housing. It's a supply and demand problem, folks. Simple as that. But no one likes that answer.