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re: Housing market not cooling off at all

Posted on 4/10/24 at 11:45 am to
Posted by Green Chili Tiger
Lurking the Tin Foil Hat Board
Member since Jul 2009
47925 posts
Posted on 4/10/24 at 11:45 am to
quote:

It’s hedge funds like black rock and big banks manipulating the housing market.


Institutional investors represent less than 3% of homes sold.

quote:

The average Joe is broke.


L

O

L
Posted by GREENHEAD22
Member since Nov 2009
19666 posts
Posted on 4/10/24 at 12:03 pm to
I think that is wrong, I know in the Houston area something like 40% of homes purchased over the last 3 year has been from investment/institutional entities.
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