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Started By
Message
re: WSJ: Wall Street Has Spent Billions Buying Homes. A Crackdown Is Looming.
Posted on 4/29/24 at 11:33 am to baldona
Posted on 4/29/24 at 11:33 am to baldona
quote:
The entire point of an institutional owner is to make money. You can’t just buy property for a loss over and over and make money.
They aren't in this for near term profit. They aren't calculating ROI in 1,2,3 years. They are looking at 20+ years. They want to rent them out as much as they can and sit on them.
This isn't some guess I'm making. These are known things.
2
Posted on 4/29/24 at 11:34 am to CatfishJohn
quote:
They aren't in this for near term profit. They aren't calculating ROI in 1,2,3 years. They are looking at 20+ years.
I think this thread is over his head.
Posted on 4/29/24 at 12:32 pm to CatfishJohn
quote:
They aren't in this for near term profit. They aren't calculating ROI in 1,2,3 years. They are looking at 20+ years. They want to rent them out as much as they can and sit on them.
I don’t honestly think you can actually believe this. If you don’t care about your profit for the next 3 years, you won’t make it to year 4
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