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I'm actually excited for hedge funds and financial institutions nail this process down and houses are both 1) very liquid, and 2) priced "correctly". Moving whe
by skizm 5y ago
I'm actually excited for hedge funds and financial institutions nail this process down and houses are both 1) very liquid, and 2) priced "correctly". Moving when you own a house will be as easy as moving when you're renting.
- dragonwriter 5y ago> I'm actually excited for hedge funds and financial institutions nail this process down and houses are both 1) very liquid, and 2) priced "correctly". Moving when you own a house will be as easy as moving when you're renting Once financial institutions get it nailed down, they’ll be selling to each other in large tranches based on the strategies and target asset mixes of different funds, because the transaction costs are lower than doing piddling individual sales, interacting with the remaining individual owners only to buy inventory into the institutional system, and for individuals all that will be left is renting through management companies employed by the institutions.