I agree with this take, $1b is absolutely nothing in the housing market. It’s like 3000 homes, maybe more in a cheap market, less in an expensive market. It cou

I agree with this take, $1b is absolutely nothing in the housing market. It’s like 3000 homes, maybe more in a cheap market, less in an expensive market. It could distort a regional market if it’s all concentrated in one area, but in the grand scheme of things it’s a rounding error. I am also of the opinion that big landlords are typically preferable to smaller landlords. They are very predictable known entities with brands to protect, and have legal departments that ensure they will follow laws. They may in some cases be more eager to raise rent (although my corporate landlord hasn’t in the last year despite the market rate increasing about 10%) but they’re not gonna do random manual inspections or capriciously fail to perform maintenance, nor do something batshit like change your locks. The only thing I find problematic is when entities like blackstone purchase SFH for rentals as I see it as a way of capturing value from the middle class (taking the margin that makes home ownership economically attractive) where it wasn’t previously.