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re: WSJ: Wall Street Has Spent Billions Buying Homes. A Crackdown Is Looming.

Posted on 4/29/24 at 12:54 pm to
Posted by cas4t
Member since Jan 2010
70972 posts
Posted on 4/29/24 at 12:54 pm to
quote:

People lose a bid on a home and want to blame it on an institutional buyer. Most of the homes bought by these companies aren’t hitting the regular market. As stout said, an institutional buyer will go to someone like DSDL and offer to buy 5,10, 25 or whatever homes at a price. Those aren’t hitting the market.


Lol

First of all, some of these homes are on the market. I’ve owned my second home for years now but when we were buying, we lost to institutional cash buyers twice

also, it’s not as if the institution built the homes and then began renting. They were at one point on the market and would be again if it weren’t for….institutional buyers
This post was edited on 4/29/24 at 1:02 pm
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