[oilchange]

> I'd love someone in one of the "strategy" arms in one of these funds to explain what they think the end result of this is at it's extent?

You buy homes in a region if you think the population will rise, interest rates will be relatively low, job prospects will be stable, etc which will lead to increasing home values.

Whether they want to profit by flipping the homes or by renting them, I don't know. But it's a bullish bet on texas home prices by people who could politically influence human migration policy ( both domestic and foreign ), fed policy/interest rates and even jobs/economy. Meaning they can place the bet and pull the strings to make the bet pay off.