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Yes. See the Blackstone Group and its related investments in US residential housing. They reportedly made around $7 billion recently through one of their single

• jhallenworld 5y ago
  I've been looking at REITs recently- "BREIT" is interesting in that it's not traded. According to them, the return rate is 10%, which is really good.. I don't understand how they are making this much off of rent in San Francisco. The price to rent ratio there is like 50:1, which implies a return of 2%. Perhaps their properties are charging much higher then average rents.. Detroit is the opposite extreme: the price to rent ratio is 5:1 (of course this ignores that the property is likely in terrible shape and the vacancy rate is high). So here is why I have been looking at this: how do the rich maintain their wealth during inflationary periods? Own hard assets that pay rent! Also the relatively stable return you can get from rent indicates how much money you need to retire. Suppose you want $100K a year during retirement. Well with 10% returns, you only need $1M.