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re: WSJ: Wall Street Has Spent Billions Buying Homes. A Crackdown Is Looming.
Posted on 4/29/24 at 10:15 am to Dawgfanman
Posted on 4/29/24 at 10:15 am to Dawgfanman
quote:
People gonna love seeing their “equity” go poof.
If the only thing that drove up equity was Wall Street buying up inventory that is artificial equity.
Tough pill to swallow, but you aren’t taking peoples houses away, you are only making it more difficult to move. You also open up inventory to a lot of people who are completely boxed out in the current market.
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