Paid article by the Economist but quick highlights here: - Blackstone group started the institutional buying explosion - Even as housing markets cool, investment is pouring in, with firms including Goldman Sachs and kkr following in Blackstone’s footsteps - Between 2016 and 2021, family rentals generated the highest returns in the real estate asset class (21% on average) - In US, REITs own only 1% of residential homes (vs. 10% of offices, 15% of retirement homes, and 50% of malls) - This trend is also expanding across Europe - Changes in demographics also point to this sector being attractive for institutional investors for many years to come
Should be illegal for one entity to own more than 2 homes.
Are you from china?
This is the worst logic. There are many individual who shouldn’t own a home. Just like what happened in 2008. Your logic should change to-> can it be like Singapore where 80% of home are owned by government.