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re: 3 corporations now own 19,000 metro Atlanta homes
Posted on 3/11/24 at 9:49 am to Byrdybyrd05
Posted on 3/11/24 at 9:49 am to Byrdybyrd05
This activity was largely driven by extremely low interest rates. With rates up, relatively few rental sub markets will hit PE’s return hurdles. They can pay cash, but they make way more money by levering the shite out of these huge portfolios, which is way less attractive now than it was 2 yrs ago.
Posted on 3/11/24 at 9:52 am to Crowknowsbest
PE should not be allowed in the housing game.
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