If You Sell a House These Days, the Buyer Might Be a Pension Fund

Wall Street Journal, Apr. 4, 2021–Ryan Dezember (subscription)
From individuals with smartphones and a few thousand dollars to pensions and private-equity firms with billions, yield-chasing investors are snapping up single-family houses to rent out or flip. They are competing for houses with ordinary Americans, who are armed with the cheapest mortgage financing ever, and driving up home prices.