2 ms·
> If you can't stop the building of new houses, what's their out? Many areas have significantly slowed (or prevented) the building of new houses. Blackrock pro
by milkytron 5y ago
> If you can't stop the building of new houses, what's their out?
Many areas have significantly slowed (or prevented) the building of new houses. Blackrock probably doesn't expect this to change. Supply is constrained and doesn't seem to be getting better. In their eyes, being in the market with a limited supply, high demand, and no major changes to supply production seems to be worth the premium.