Wall Street has purchased hundreds of thousands single-fam

  • 2 years ago

https://www.cnbc.com/2023/02/21/how-wall-street-bought-single-family-homes-and-put-them-up-for-rent.html

  • Corporations backed by private equity groups like Blackstone and Pretium Partners bought tens of thousand of homes across the U.S. Sun Belt.
  • Detached house prices have increased more quickly in key Sun Belt states than the national average.
  • Institutional investors do not yet control large market share in housing, but analysts writing at MetLife Management suggest they could by 2030.

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