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re: Average interest rate on 30 year mortgage rises to 7.59%, highest since December 2000
Posted on 9/21/23 at 8:59 pm to UnrealMFer
Posted on 9/21/23 at 8:59 pm to UnrealMFer
quote:
I genuinely have no idea how people are buying homes right now.
They aren't. Blackrock is.
Wrong. Blackrock and others did in 2020, 2021, and 2022 and in giants numbers. They are out of the game today for the most part.
This post was edited on 9/21/23 at 9:03 pm
1
Posted on 9/21/23 at 9:02 pm to Billy Blanks
quote:
They are out of the game today for the most part.
This is from an email I got this week from a small hedg fund
quote:
...and we buy homes across the country to repair and lease to our residents, and then manage them thereafter. Currently, we own about 4,000 properties across the country and plan to grow to around 10,000 by the end of 2026.
Blackrock might be out but they have shown the model to other hedge funds to follow.
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