A 20-year hedge-fund vet shares the 3 stocks he thinks make the perfect play for a booming housing recovery as the US heads for the suburbs
and CEO of Mongolia Growth Group, a $6.3 million real-estate investment firm, thinks the boom is just getting started.
But Kupperman's interpretation and assessment of the housing market is nothing new — and he knows that., city-dwellers have slowly abandoned their posts in favor of a more suburban lifestyle with a cheaper price tag.Now, Kupperman thinks that slow and steady slog will soon transform into one of urgency.
To Kupperman, the emergence of the pandemic, coupled with the notion that many larger cities have experienced an uptick in rioting and property destruction, is a game-changer. It's an essential diagnostic that his call rests upon. Still, Kupperman isn't interested in buying up real estate or looking to purchase homebuilding stocks to benefit from the trend. He's using a different approach.
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