Wall Street isn't to blame for the non-stop rise in housing prices, according to Capital Economics.
The research firm said any legislation designed to block hedge funds from buying homes won't lower home prices.
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AdvertisementThe ongoing rise in home prices shouldn't be blamed on Wall Street, according to a Thursday note from Capital Economics.
The worry is that a surge in big investors buying up single-family homes is driving up prices, exacerbating a shortage in housing, and preventing younger people from becoming first-time home buyers.
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