The mainstream media is taking their shots at explaining the current market.

Here is the attempt by the NYT – link should be unlocked:

Here’s a former realtor who says if it weren’t for the investors, we’d be back to normal:

https://www.forbes.com/sites/johnwake/2022/04/01/the-real-reason-house-prices-are-skyrocketing-what-the-real-estate-industry-wont-tell-you/

Economists like to focus on demand, but as long as the supply is scarce, prices will hold or keep going up.