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re: Blackrock will own 70% of Homes in 6 years. We will own nothing.

Posted on 10/22/23 at 9:18 am to
Posted by Bass Tiger
Member since Oct 2014
46624 posts
Posted on 10/22/23 at 9:18 am to
quote:

Build more homes. Saturate the market.


Homes?

Nope, the trend is huge 500-1000 unit apartment projects with "amenities" for people under age 45. Dog parks, latte/coffee shop, exercise facilities, swimming pool, etc. These developments started popping up in droves around the KC metro 12-13 years ago and they're everywhere and they're still building them. A shite load of people under age 45 will own nothing and like it....well, unless their Boomer parents give them the key to their house when they croak.
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