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In articles like these: https://www.nbcnews.com/business/real-estate/who-s-outbidding-you-tens-thousands-dollars-house-hedge-fund-n1274597 https://www.nbcnews.
by Dig1t 2y ago
In articles like these:
https://www.nbcnews.com/business/real-estate/who-s-outbidding-you-tens-thousands-dollars-house-hedge-fund-n1274597 https://www.nbcnews.com/business/real-estate/who-s-outbiddin...
"Who's outbidding you by tens of thousands of dollars for that home of your dreams? A hedge fund"
I am assuming "outbidding you by tens of thousands of dollars" means they are paying higher prices right?
10k+ extra is a nontrivial amount of money for most Americans. That's enough to help offset taxes or pay the real estate agent fees.