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> Why are those companies willing to pay so much? Because they are buying assets with debt just like everyone else, and they don't actually care about ROI via
by titzer 3y ago
> Why are those companies willing to pay so much?
Because they are buying assets with debt just like everyone else, and they don't actually care about ROI via rents, either due to "appreciation" (really, further inflation), or they're expecting the financial system to collapse.
- jlmorton 3y agoBlackrock doesn't care about the ROI of their housing investments, and they expect the financial system to collapse? Damn. Big if true.