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re: WSJ: Wall Street Has Spent Billions Buying Homes. A Crackdown Is Looming.
Posted on 4/29/24 at 11:25 am to baldona
Posted on 4/29/24 at 11:25 am to baldona
quote:
You guys are upset because you assume an institution is out there out bidding people that then have to go rent. It’s not like that at all.
What do you think happens to a development/local market if a firm buys up 50 of the 100 houses that DR Horton or DSLD are building?
1
Posted on 4/29/24 at 12:25 pm to stout
quote:
What do you think happens to a development/local market if a firm buys up 50 of the 100 houses that DR Horton or DSLD are building?
Or if a firm frequently makes an asking price cash offer so that buyers must go above asking to win a bid with a mortgage. Sellers are frequently going to take the cash offer because it's so easy.
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