Comment by robotsquidward
2 days ago
Perfect for a big splashy press release. Populist policy with no practical benefit to the average American.
2 days ago
Perfect for a big splashy press release. Populist policy with no practical benefit to the average American.
I worked with these firms for several years when the business concept was in its earlier stages. The money coming in to buy these homes quickly went from family offices (2013-2019) to state pension funds (2019-present) to sovereign funds (2020-present).
Things like the largest pension fund in Sweden is invested in buying SFR. Or the sovereign fund of the UAE.
I’m not sure if that changed your opinion on this not having practical benefit for the average American.
More demand for homes makes homes more valuable and encourages more supply!
Why is this a problem? Build more homes, get rich from the Swedes!