WSJ News Exclusive | Blackstone Bets $6 Billion on Buying and Renting Homes

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Investment firm Blackstone has agreed to buy a company that buys and rents single-family homes in a $6 billion deal that’s a sign Wall Street believes the U.S. housing market is going to stay hot

Blackstone Group Inc. has agreed to buy a company that buys and rents single-family homes in a $6 billion deal that’s a sign Wall Street believes the U.S. housing market is going to stay hot.

The giant investment firm has reached a deal to acquire Home Partners of America Inc., according to people familiar with the matter. Home Partners owns more than 17,000 houses throughout the U.S., which it bought, rents out and offers its tenants the chance to eventually buy. U.S. home sales soared last year at their fastest pace in 14 years, when low mortgage rates and the rise of remote work during the pandemic sent

 

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Wall Street Firms Are Now Buying Up Family Homes via YouTube

There’s no way that company is worth $350,000 a unit.

landlords in 2001: 'hey this is John. I live down the hall. want some donuts?' landlords now: 'hi this is an automated message from Blackstone. if you're hearing this, you're probably evicted.'

And unaffordable...

The concept of ownership, of ANYTHING, is dying. The appliances we use, the media we enjoy, our very shelters, all owned by some other entity. Freedom is a myth

Humans don’t have much time! CCP don’t represent Chinese!

trumpys killing fields & GOP party of Pro-Life, Remember 3 months into the covid-19 Trump had privately told Woodward in February he knew critical details about how deadly the virus was, and many many lives that will be lost & admitted he was playing it down

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