2 ms·
Is that in the Bay Area? I’m surprised that current prices make it attractive for a hedge fund to invest in rentals, because the price to rent ratio just isn’t
by TomVDB 8y ago
Is that in the Bay Area? I’m surprised that current prices make it attractive for a hedge fund to invest in rentals, because the price to rent ratio just isn’t there.
- mrkurt 8y agoThe rent/price ratio is reasonably attractive if you bet on houses appreciating and taxes staying the same.
- TomVDB 8y agoHedge funds (and my wife and I, but really my wife...) made that bet in 2010-2012. And it was a fantastic opportunity. It’s not a bet that I would make at today’s prices, so I’m surprised that a hedge fund would still do it.