31: Wall Street: Huge Threat or Harmless Hedge Funds? w/John Burns
On The Market
00:00
How Important Is the Institutional Investor in the Real Estate Market?
The New York Times hates any P.E. firm that starts with black, and Congress gets reelected when they're bashing Wall Street. So we have done so much research on this. We've gone down to mapping each house that the publicly traded institutions have done and matching it to what they're disclosing publicly. There are some zip codes where the percentages of buying by institutions are like five times what I just told you. The buy box is not in every zip code everywhere in the country. It's in fast growing metro areas right around the median home price right around a nice rent.
Play episode from 17:00
Transcript
