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Message
re: WSJ: Wall Street Has Spent Billions Buying Homes. A Crackdown Is Looming.
Posted on 4/29/24 at 11:31 am to baldona
Posted on 4/29/24 at 11:31 am to baldona
quote:
Prove it? You don’t know that.
I do know that. I can take you to a neighborhood about two miles from me that DSLD was already building. A firm named Kairos Living came in and bought two streets worth of houses that were already going to be built no matter what.
It happened with a 100 house development a few years ago in Houston and made national news. DSLD worked with the city to get it approved as SFH to be sold to individuals then once approved a hedge fund came in and prebought all 100 houses.
It happens all of the time.
This post was edited on 4/29/24 at 11:33 am
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