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Total value of US residential real estate: $47.5 trillion Blackstone AUM: $1T (2% of market) Evictions per year: 7400 * 365 = 2.7M Homes owned by Invitiatio
by gowld 2y ago
Total value of US residential real estate:
$47.5 trillion
Blackstone AUM: $1T (2% of market)
Evictions per year: 7400 * 365 = 2.7M
Homes owned by Invitiation: 2.7M / 0.1 = 27M
% US Population in Invitation: 27M (x avg househould size) /400M > 5%.
But Invitation is only a fraction of Blackstone.
Something doesn't add up.
- LeafItAlone 2y agoWhat are you trying to calculate? Whatever it is, you’re mixing geographic regions and using aggregate numbers for all companies as if they were all as one.