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Giuliano Giacaglia
@giu
Today 1/3 of the homes that go to the American market are bought by a hedge fund or a large corporation. This is a really good article on one case that is happening in Tampa. This is the result of the petrodollar https://www.tampabay.com/news/real-estate/2024/02/01/corporate-landlord-investor-homes-rent-housing/
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Diego
@d1ego
Lyn Alden's Broken Money has a great take on this. The accelerated USD debasement drives investors with access to cheap funding to short USD to get real assets while the average Joe cannot play the leverage game. Asset inflation in Real Estate (vs. in equities) exacerbates much quicker the wealth gap
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Giuliano Giacaglia
@giu
Thatโs exactly right. Government has been messing with money and also with the real estate market causing these kind of problems. We need less government, not more
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