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I don't think housing will be affected the way you think it'll be affected. Hedge funds are buying lots of real estate, Single Family Homes included [0] [1] [2
by djb_hackernews 11y ago
I don't think housing will be affected the way you think it'll be affected.
Hedge funds are buying lots of real estate, Single Family Homes included [0] [1] [2]
It's a flight to safety, and with jobs moving to cities, millennial preferences with them, and restrictive zoning/NIMBY, real estate is the perfect landing place.
[0] http://www.motherjones.com/politics/2013/11/wall-street-buying-foreclosed-homes http://www.motherjones.com/politics/2013/11/wall-street-buyi...
[1] http://dealbook.nytimes.com/2014/06/27/investors-who-bought-foreclosed-homes-in-bulk-look-to-cash-in/?_r=0 http://dealbook.nytimes.com/2014/06/27/investors-who-bought-...
[2] https://newrepublic.com/article/112395/wall-street-hedge-funds-buy-rental-properties https://newrepublic.com/article/112395/wall-street-hedge-fun...
- bRad389 11y agothanks for your insight