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Message
re: WSJ: Wall Street Has Spent Billions Buying Homes. A Crackdown Is Looming.
Posted on 4/29/24 at 10:15 am to baldona
Posted on 4/29/24 at 10:15 am to baldona
quote:
If you take away whatever institutional buying and owning is out there, you take away the bottom of the market. When the bottom is soft, everything will fall to some degree.
This isn’t a bad thing, its a good thing.
Otherwise we end up like Canada, which has completely run amok.
1
Posted on 4/29/24 at 10:17 am to PrecedentedTimes
quote:
This isn’t a bad thing, its a good thing. Otherwise we end up like Canada, which has completely run amok.
What about the guy that owns 10,20, or 30 rentals?
Where does an institutional buyer start and stop?
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