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WTF: Investment Companies Snapping Up Single-Family Homes

 
Icebear

User ID: 19590118
United States
06/14/2021 11:05 AM
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Re: WTF: Investment Companies Snapping Up Single-Family Homes
They aren't calculating the risk of a deflationary depression after the onset of the inflation.
 Quoting: Anonymous Coward 78811053




The other thing they don't seem to be counting on is the KarenVax and the likelihood of half the US population lying around dead a year from now, and in no further need of real estate or any such. I'm reading that 95% of demopoops are taking the vax...
'If the wankers do not now come to their senses and clean up their stupid act, they may anticipate a rain of ruin from the sky, the like of which has never been seen on this Earth,,,'
Anonymous Coward
User ID: 78349802
United States
06/14/2021 11:08 AM
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Re: WTF: Investment Companies Snapping Up Single-Family Homes
Before the large companies, it was private buyers wanting to create rentals, droves of them.

Real estate was already in high demand 2 years ago.
 Quoting: Anonymous Coward 78232369


True.
Butch DeFeo

User ID: 80483320
United States
06/14/2021 11:11 AM
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Re: WTF: Investment Companies Snapping Up Single-Family Homes
That's why I am sitting in my little home for a while. When I am ready to sell, I'll make $$$$$. I was told by an agent you don't even need to update it, just list it.

With the way it's going, I'll need every dollar I can get to buy a new one.
 Quoting: girlie45


But, how long can you sit in your home before the real estate market collapses and your home is worth far LESS??
:DOCSRBAFFLED::redblueLED::DONTBEAPANDEMICS:
Only you can stop the fake pandemic for yourself, no one will ever tell you the pandemic is over. It's time to WIN.
Anonymous Coward
User ID: 80165464
United States
06/14/2021 11:12 AM
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Re: WTF: Investment Companies Snapping Up Single-Family Homes
I'm north of Tampa. My development was built in the 1970s.

Houses are selling at 75% more their value from a year ago. $150k in 06/2020 just sold for $260k.

I'm getting 3-4 mailings a week to buy my house.

Crazy.

Where does this lead to?
 Quoting: Remedial_Rebel


It leads you into a cubicle apartment in a dystopian "smart city" where you will own nothing and like it.
 Quoting: Anonymous Coward 75222440


And these little smart neighborhoods have been built all over and are being managed by TPTB. They are intended to look like upscale housing but are just townhouse like. No property. Community areas with tennis courts, walking trails, charter schools that are currently only teaching monarch children........soon that will be the living accommodations.......... smart homes are wired big time......surveillance........everything. Truman like
Anonymous Coward
User ID: 78232369
United States
06/14/2021 11:14 AM
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Re: WTF: Investment Companies Snapping Up Single-Family Homes
People saying wait for the collapse and then buy..

There is no timeline or guarantee

Inflation can go on for years

And years

And years
Anonymous Coward
User ID: 43147274
United States
06/14/2021 11:43 AM
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Re: WTF: Investment Companies Snapping Up Single-Family Homes
They are going to Gift these houses to minority families who live in projects now. Redistricting, the step up that the minorities need to have their fair share of the high tax dollar schools and every other social engineered idea they got. They just dont get how fast these things will be destroyed once the people who built them are moved out.
 Quoting: Anonymous Coward 67904014


Not going to happen. I've worked in the same IB for 20 years. They only care about making the max profit, and that is not from low income families.
Anonymous Coward
User ID: 71110893
United States
06/14/2021 12:04 PM
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Re: WTF: Investment Companies Snapping Up Single-Family Homes
ICYMI: If You Sell a House These Days, the Buyer Might Be a Pension Fund
Yield-chasing investors are snapping up single-family homes, competing with ordinary Americans and driving up prices


My theory is these companies are snatching up single family homes to house or sell to illegals. The left’s desire to eradicate the middle class is strong. As the article states, some of the houses are going for over 100k of asking price. At this rate, we can kiss our middle class to upper middle class suburbs goodbye.

[link to www.wsj.com (secure)]
 Quoting: GemKline


Because very soon the world wealthy people will migrate into a free society and fully vacine nation like United State. They can't survive with their unvax Covid zombies country.
Anonymous Coward
User ID: 80075012
United States
06/14/2021 12:40 PM
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Re: WTF: Investment Companies Snapping Up Single-Family Homes
ICYMI: If You Sell a House These Days, the Buyer Might Be a Pension Fund
Yield-chasing investors are snapping up single-family homes, competing with ordinary Americans and driving up prices


My theory is these companies are snatching up single family homes to house or sell to illegals. The left’s desire to eradicate the middle class is strong. As the article states, some of the houses are going for over 100k of asking price. At this rate, we can kiss our middle class to upper middle class suburbs goodbye.

[link to www.wsj.com (secure)]
 Quoting: GemKline


It's simple, they're gonna tank the dollar and are trying to cover their losses ahead of time with real estate.
Anonymous Coward
User ID: 78356867
Singapore
06/14/2021 01:01 PM
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Re: WTF: Investment Companies Snapping Up Single-Family Homes
Sitting on ‘TIME BOMB’: Deutsche Bank issues grim post-pandemic warning for US economy 12 Jun, 2021 Further disregarding inflation will push the global economy to a major crisis, according to the latest report issued by Deutsche Bank economists who point the finger at the US money-printing policies. [link to www.rt.com (secure)]
ICYMI: If You Sell a House These Days, the Buyer Might Be a Pension Fund Yield-chasing investors are snapping up single-family homes, competing with ordinary Americans and driving up prices My theory is these companies are snatching up single family homes to house or sell to illegals. The left’s desire to eradicate the middle class is strong. As the article states, some of the houses are going for over 100k of asking price. At this rate, we can kiss our middle class to upper middle class suburbs goodbye. [link to www.wsj.com (secure)]
 Quoting: GemKline
It's simple, they're gonna tank the dollar and are trying to cover their losses ahead of time with real estate.
 Quoting: Anonymous Coward 80075012
beeches

User ID: 78479066
United States
06/14/2021 01:11 PM

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Re: WTF: Investment Companies Snapping Up Single-Family Homes
That's why I am sitting in my little home for a while. When I am ready to sell, I'll make $$$$$. I was told by an agent you don't even need to update it, just list it.

With the way it's going, I'll need every dollar I can get to buy a new one.
 Quoting: girlie45


would you be moving anyway?
sometime little houses are wonderful.Thinking cottages or houses from the 1920s-1930s
Liberalism is totalitarianism with a human face – Thomas Sowell
Anonymous Coward
User ID: 78356867
Singapore
06/14/2021 01:14 PM
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Re: WTF: Investment Companies Snapping Up Single-Family Homes
Sitting on ‘TIME BOMB’: Deutsche Bank issues grim post-pandemic warning for US economy 12 Jun, 2021 Further disregarding inflation will push the global economy to a major crisis, according to the latest report issued by Deutsche Bank economists who point the finger at the US money-printing policies. [link to www.rt.com (secure)]
ICYMI: If You Sell a House These Days, the Buyer Might Be a Pension Fund Yield-chasing investors are snapping up single-family homes, competing with ordinary Americans and driving up prices My theory is these companies are snatching up single family homes to house or sell to illegals. The left’s desire to eradicate the middle class is strong. As the article states, some of the houses are going for over 100k of asking price. At this rate, we can kiss our middle class to upper middle class suburbs goodbye. [link to www.wsj.com (secure)]
 Quoting: GemKline
It's simple, they're gonna tank the dollar and are trying to cover their losses ahead of time with real estate.
 Quoting: Anonymous Coward 80075012
Anonymous Coward
User ID: 78943489
United States
06/14/2021 01:19 PM
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Re: WTF: Investment Companies Snapping Up Single-Family Homes
New housing laws in California are forcing local zoning laws to allow for multi-family residential to be placed into neighborhoods that have single family homes.

Developers in Long Beach, CA are purchasing these R-1 homes and proposing small 6-plexes on these lots.

Sacramento says it's a way to solve our housing crisis but the rest of us know that they are trying to create dense neighborhoods for their 'Greater Reset'.

This is their way of snatching up the real estate to do it.
Anonymous Coward
User ID: 75993659
Canada
06/14/2021 02:17 PM
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Re: WTF: Investment Companies Snapping Up Single-Family Homes
I'm north of Tampa. My development was built in the 1970s.

Houses are selling at 75% more their value from a year ago. $150k in 06/2020 just sold for $260k.

I'm getting 3-4 mailings a week to buy my house.

Crazy.

Where does this lead to?
 Quoting: Remedial_Rebel


WEF Global Reset

"You will own NOTHING and be happy".
Anonymous Coward
User ID: 79471163
Romania
06/14/2021 02:33 PM
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Re: WTF: Investment Companies Snapping Up Single-Family Homes
How Did a Chinese Company In the US Real Estate Business Receive a Paycheck Protection Program Loan?

A Chinese-owned online Real Estate company called Fundrise is emerging as an important part of what appears to be the takeover of the American Real Estate Market; evidence has emerged that US Government funds enriched the company under the PPP loan program.

[link to www.thegatewaypundit.com (secure)]
Anonymous Coward
User ID: 79543875
United States
06/14/2021 06:03 PM
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Re: WTF: Investment Companies Snapping Up Single-Family Homes
That's why I am sitting in my little home for a while. When I am ready to sell, I'll make $$$$$. I was told by an agent you don't even need to update it, just list it.

With the way it's going, I'll need every dollar I can get to buy a new one.
 Quoting: girlie45


Do you have a place picked out where you would go?





GLP