• @Ryantific_theory
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    01 year ago

    Bro.

    The first set were, in order, a deep dive on an investment firm and their impact on residential property, the impact of private equity on multi-family residential property, the broad spectrum impact of investors on the residential market, another article on investors driving up home prices, homebuilders drawing down production and waiting out customers at the same price, and the last is a global perspective on the housing crisis by the World Economic Forum.

    If you actually read them, you’d recognize literally everything I’ve said. I get skipping the article on Blackstone, because it’s an actual research article, but it details how Blackstone and Invitation Home would buy entire neighborhoods and then use that foundation to manipulate home and rent prices in the entire area, further improving their return on profits.

    The one in the last comment was “Capitalism just working” during the pandemic lol. Which is half a joke, but to not see the relevance of the others is just wilful ignorance.