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re: WSJ: Wall Street Has Spent Billions Buying Homes. A Crackdown Is Looming.

Posted on 4/29/24 at 12:43 pm to
Posted by CatfishJohn
Member since Jun 2020
13918 posts
Posted on 4/29/24 at 12:43 pm to
quote:

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


Do you think this is their only business? Do you know how large and diversified these corporations are? You’re out your depth here.

Blackstone has an annual cash flow of like 4 billion. Just cash flow. 90 billion market cap. They are filled with long term investments.
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