https://www.bloomberg.com/news/articles/2021-11-01/zillow-selling-7-000-homes-for-2-8-billion-after-flipping-halt
Has anyone else here heard something about banks and financial institutions buying property in bulk? Apparently Blackrock is very happy to take thousands of houses off of Zillow’s hands.
It’s been a thing here recently with Private Equity companies buying stuff up.
https://www.google.co.uk/amp/s/amp.theguardian.com/society/2019/sep/20/ruthless-private-equity-firms-gobble-up-property-wreak-havoc-on-tenants-lives
@Eseman started
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https://www.bloomberg.com/news/articles/2021-11-01/zillow-selling-7-000-homes-for-2-8-billion-after-flipping-halt
Has anyone else here heard something about banks and financial institutions buying property in bulk? Apparently Blackrock is very happy to take thousands of houses off of Zillow’s hands.