re: Blackrock is buying every single-family house they can & paying 20-50% above asking price

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DRHorton, David Weekley and Lennar (etc) who are aligned w the strategy. Major land grabbers with huge wallets. Lots of materials leverage.

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I almost have a bigger problem with these companies.

They buy out a ton of land, build cheap cookie cutter housing that they know exactly what will happen with and move on. The Northshore over here is becoming over populated because developers just keep taking down land and putting up subdivisions like this. Eventually it’s going to turn to cheap housing and lead to blight and crime.