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re: Blackrock will own 70% of Homes in 6 years. We will own nothing.
Posted on 10/22/23 at 9:12 am to shel311
Posted on 10/22/23 at 9:12 am to shel311
After looking at the numbers again, institutional ownership of sfrs is at about 20% and consensus est for 2030 is 50%.
Blackstone has the biggest share.
Regardless, the numbers are way up and driving prices.
I hope we don't have to argue about whether or not institutional ownership of agricultural land and means of shelter by ten trillion dollar international conglomerates is a bad thing.
It drives up prices.
Look, to all you cut throat Ayn Rand capitalist... if your system results in 75% of Americans unable to provide a roof over their head or eat decent food, then good luck with that.
Blackstone has the biggest share.
Regardless, the numbers are way up and driving prices.
I hope we don't have to argue about whether or not institutional ownership of agricultural land and means of shelter by ten trillion dollar international conglomerates is a bad thing.
It drives up prices.
Look, to all you cut throat Ayn Rand capitalist... if your system results in 75% of Americans unable to provide a roof over their head or eat decent food, then good luck with that.
2
Posted on 10/22/23 at 9:18 am to RiverCityTider
quote:
After looking at the numbers again, institutional ownership of sfrs is at about 20%
No. You’re making shite up or don’t understand. Investors own 20% percent, the vast majority being normal people and local. Large companies, aka institutional investors own about 3%.
quote:
consensus est for 2030 is 50%.
I thought it was 70, now it’s 50? What else do you want to make up?
Btw don’t let me get in the way of a good bogey man melt. Those BR finance bros find this pretty funny I’m sure.
This post was edited on 10/22/23 at 9:19 am
Posted on 10/22/23 at 11:04 am to RiverCityTider
quote:
Look, to all you cut throat Ayn Rand capitalist... if your system results in 75% of Americans unable to provide a roof over their head or eat decent food, then good luck with that.
At no point did Rand ever advocate for private ownership of politicians, which is the root cause, not capitalism
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