Wall Street is STILL Buying Houses! Hedge Funds Load Up on Family Homes
Goldman Sachs, JP Morgan, Blackstone, Invitation Homes, Blackrock and investment funds and even pension funds are buying up real estate in the US to use as rentals. They have been making a 20% annual return on their investment buying rental houses which is more than from apartments, shopping malls, homes for old people etc.
The trend of wall street buying homes is going to continue into 2023 and 2024 as they still have cash to deploy in many markets in the US.