That “buying an entire neighborhood in a single transaction” thing is misleading.
It was designed from the very beginning to be sold in a single transaction, much like apartment towers in the city are designed, built, and then sold.
A “normal” housing development sells individual houses one at a time, usually far in advance of the house being built. You can’t sell the whole thing at once unless you planned to do that at the very beginning of the project.
> You think this will be corrected by market forces when it is a financial and political pincher movement pushed by the same cabal that stole the 2020 election & hid COVID Truth?
If more companies come out of COVID with liberal remote work policies, and I think they will to compete, this will make demand for these houses go way up as people start making long term plans (eg, “I can’t move the kids to a new school until I find out if work sticks with telework”).
I also wonder if there are more exurb dev deals breaking ground with planned communities 1 hour away from large metro areas. I think it’s good time to invest in semi-remote small towns with fiber to the home.
Is there any proof of this? Or just a wish?
Not sure how to actually know this unless there’s Gallop polls or something.
I think the suburb/exurbs with more sidewalks and walkability will distinguish from their competing cities.
While I’d rather live in Paris with everything a few steps away, a half mile walk for dinner is actually pretty nice.
Only so many equities they can buy, have to get out of cash, buy homes and big against other people.
It also may be another sign of inflation.
I wonder what he'd think of a private entity doing the same thing.
But instead of hiring workers, Blackrock is buying homes of those workers, probably a little cheaper, and using leverage to turn people into serfs.
Like 'Socialism for Capitalists Only'.
We really need to be careful about this.