America's housing market is so tight that even Wall Street giants can't find homes to buy

• The housing market is so tight even Wall Street giants are having trouble buying a home.
• Large landlords made up just 0.4% of all home purchases last quarter, down from 2.4% in late 2021.
• That comes amid a dearth of available listings, with inventory plunging to an all-time-low this summer.

The US housing market is so low on supply that even huge Wall Street landlords can't find any homes to purchase.

Landlords with 1,000 properties or more accounted for just 0.4% of all home purchases over the last quarter, according to data from John Burns Research & Consulting cited by the Wall Street Journal.