July 22, 2022
Blackstone Prepares a Record $50 Billion to Snap Up Real Estate During the Coming Crash
“The past two months have seen a barrage of negative news coverage focusing on the US housing market…
• Is The Housing Crash Starting?
• Why The Housing Bubble Bust Is Baked-In
• The One Housing Chart That Shows A ‘Buyer’s Market’ Has Returned
• As Mortgage Rates Explode Price Cuts Soar And Buyer Demand Collapses
• Housing Market Peaks: Home Prices Finally Drop From All-Time Highs
Which is predictable: after all, with mortgage rates soaring at the fastest pace on record to decade highs, and sending US housing affordability to the lowest in history.
Only a handful of the ‘1%’ can afford the American Dream.
Alas, it also means that just like in 2007, a housing crash is now just a matter of time.
That much is known. What is also known, is that once housing craters, the largest US residential and commercial landlord – private equity giant Blackstone – is about to get even bigger.”
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