Blackrock has spent tons of money on it. Heck, they sell access to the data the AI spits out based on the trends. I believe the giant push for WallStreet into residential real estate was from Blackrock’s AI recommendations.
“giant push for WallStreet into residential real estate was from Blackrock’s AI recommendations”
It was a truly crackpot idea—which all the “investors” are going to learn the hard way.
While the total residential real estate is gigantic, the trading (transaction) market is relatively small and not very liquid—perfect ingredients for a panic and crash eventually.