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re: Homes in upper middle class neighborhoods going up for rent

Posted on 5/16/24 at 11:59 am to
Posted by Grigio
Member since May 2023
616 posts
Posted on 5/16/24 at 11:59 am to
I swear there was a thread here a few weeks ago about how 20-25% of all new home sales in America were to corporations.

I guess posting that "BlackRock" isn't buying these houses gives some of you retards a boner, but you surely get the point, right?

Or are you suggesting that corporations buying single family homes to rent is a conspiracy?
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
31343 posts
Posted on 5/16/24 at 12:17 pm to
No, Wall Street investors haven’t bought 44% of homes this year



My assertion has consistently been we've seen a massive shift in where our population resides in the past 5 years and the market needs to catch up. Anyone who wants a house in Kansas City, Missouri for a reasonable price can get one. Here is a map of the homes in KC with 2 bd / 2 ba for less than $350k (aka a "starter home"). Take your pick.

This post was edited on 5/16/24 at 12:19 pm
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