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Yes, I think the largest property owner in the US is Blackstone, a private equity firm that bought the property at the downturn. From a strictly economic persp
by projectramo 9y ago
Yes, I think the largest property owner in the US is Blackstone, a private equity firm that bought the property at the downturn.
From a strictly economic perspective they are helping increase demand when it was low and increase supply later on. They got rewarded for that.
- letlambda 9y agoHow does owning a property increase it's supply? I'm not an economist, but I think you have got to build houses to make more of them.