b-boy bouiebaisse

@jbouie ↗

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Last Checked Oct. 11, 2022

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Mon Oct 03 11:44:24 +0000 2022

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b-boy bouiebaisse @jbouie

@samthielman But the OP is right that even institutional investors still rent the homes out because there is no actual value in keeping them empty, since they are going to appreciate regardless. — PolitiTweet.org

Posted Oct. 3, 2022

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b-boy bouiebaisse @jbouie

@samthielman My sense is that to the extent that this happens it is purely a function of limited housings supply. As the institutional investors say in their earnings calls, housing is a valuable investment only insofar that no one is building it. — PolitiTweet.org

Posted Oct. 3, 2022

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b-boy bouiebaisse @jbouie

@samthielman Like, a Russian oligarch might buy a condo to park his investments, but for a money-making operation it makes no sense to leave a huge amount of cash on the table when you could have that cash AND the appreciating values. — PolitiTweet.org

Posted Oct. 3, 2022