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It never is, last time a lot of the housing supply ended up concentrated in Blackrock-esque kinds of companies, I don't expect anything different from a next cr
by piva00 4y ago
It never is, last time a lot of the housing supply ended up concentrated in Blackrock-esque kinds of companies, I don't expect anything different from a next crash.
- toomuchtodo 4y agoThe difference is, with the risk free rate so high, investors buying up housing might not be as attractive as when rates are 0. We’ll need to check back in after the next three hikes and Powell applies max pain by holding the rate up as long as possible (driving down asset prices).
- davidw 4y agoThis article does a pretty good job of addressing the big companies investing in housing. They're not helping, for sure, but not the root cause of the shortage, either. https://www.theatlantic.com/ideas/archive/2023/01/housing-crisis-hedge-funds-private-equity-scapegoat/672839/ https://www.theatlantic.com/ideas/archive/2023/01/housing-cr...
- andrepd 4y agoExactly. Crashes are just sale season for the very rich.