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by mywittyname
1327 days ago
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And some of those investors already lost their asses buying up SFH. I'm sure the rest see the writing on the wall. For example, BRG spun off a home trust division just this month, and it's the one that bought up all of these SFH during the boom. Could it be that they were expecting a massive drop in value of these investments? SFH are a pretty insane choice of RE investment for institutions because they are so incredibly inefficient compared to apartment and office buildings. |
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