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re: WSJ: Wall Street Has Spent Billions Buying Homes. A Crackdown Is Looming.
Posted on 4/29/24 at 12:25 pm to stout
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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