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Nahh… The largest residential real estate funds are in the tens of billions. The value of US residential real estate is $47,000 billion. $100B in private inv
by refurb 3y ago
Nahh…
The largest residential real estate funds are in the tens of billions. The value of US residential real estate is $47,000 billion. $100B in private investment is a drop in the bucket.
And investors aren’t stupid. They want high returns and if they think real estate is going down, they’ll drop it like a hot potato.
What amazes me is the 2008 real estate crash is only 15 years ago. After the crash real estate was radioactive, nobody was interested in buying.
Then a decade later it’s all forgotten and people think “real estate will never go down”.
Apparently it takes about a decade for people to forget everything they learned in 2008.