Posted on 08/20/2022 5:34:55 AM PDT by PK1991
The real estate investment platform backed by Amazon.com Inc (NASDAQ: AMZN) founder Jeff Bezos has continued ramping up its acquisitions of single-family rental homes in several U.S. markets.
Arrived Homes acquires single-family homes to use as rental properties, then sells shares of these properties to investors through its online platform. The demand for rental property shares has grown exponentially so far in 2022, with more homes funded in July than the entire first quarter.
The company has investment properties in 19 of the top 100 cities for population growth in the U.S. and estimates that it will expand to 40 of the top 100 cities by the end of the year. Most recently, Arrived Homes expanded into Nashville, Cincinnati and Indianapolis.
The investment platform is now able to take advantage of the cooling-down period in the housing market to ramp up its purchases at a time when a growing number of investors are looking for alternative investment options outside of the stock market.
(Excerpt) Read more at finance.yahoo.com ...
we don’t get a house or apartment unless……
there is no longer a consumer market.……
Both comments are spot on. Need to be addressed to: entropy, TexasFreeper and anyone else denying the nefariousness of the BS
I cannot speak to the rest of the country, but around Atlanta you’re starting to see a lot of townhome developments that are going straight to the rental market.
And they can’t afford that because they don’t know the financial discipline to save the money up.
The arrogance by some on this site is sometimes off the charts.
Gates is just buying up the farms so he can feed only the people he wants to
The statement was factually correct
Have you ever seen Generation Zero. Goes right to your point.
No, you are totally wrong
Gates is buying land because American land is the best investment product in the world
Brian Deese Video: ‘Liberal World Order’ Comments Go Viral
https://heavy.com/news/brian-deese-liberal-world-order-video/
White House sparks backlash after saying high gas prices guard ‘liberal world order’
https://www.washingtonexaminer.com/news/white-house/brian-deese-gas-liberal-world-order
Desee….I think he’s one of 4 or 5 implanted in CornPop’s administration
Deese started his political career as top economic advisor for the Hillary Clinton campaign in 2008. When she lost, Deese moved over to Barack Obama’s campaign in the same role. He graduated from Yale Law School a year later while working for the Obama regime.
So, what happened in the gap between his stints with the Obama and Biden regimes? He went to work for Blackrock in 2017 and left them, conspicuously, in December 2020, just in time to take his newly acquired New World Order marching orders into a high position with the White House.
While with BlackRock, he was the Global Head of Sustainable Investing. Deese led BlackRock’s Sustainable Investing Team which “is focused on identifying drivers of long-term return associated with environmental, social and governance issues.”
True - but not always. Some people just don’t have enough income to save for a down payment. I feel for young people today. If you want to buy a house in our neck of the woods, you’re looking at a minimum of $700 to $800 thousand. How much do you need to save for a down payment? Well, if you go with the 10%, your mortgage payment (if you’re even approved) is going to be astronomical. At that point, the house owns you.
Little wonder people have scrapped the idea of home ownership, family, etc. It’s almost unattainable....unless, of course, you’re on welfare! Somehow these people breed like rabbits.
As someone who has some experience in this area, I have long felt that detached single-family homes are not good real estate investments at all — for a number of reasons.
I know someone who lives in an $800,000 home. He’s a well established professional who couldn’t afford to buy the home he lives in right now.
He bought it for about $450,000 some years ago. He could only afford it then because he was buying it with the proceeds of the sale of his prior home … which he sold for $300,000 after buying it for $225,000. And THAT home was only affordable for him because he had about $50,000 in equity left over after he sold his first home (a townhouse).
quote “in our neck of the woods”
It seems to me like you need to move to different woods :)
Might I suggest Texas? You can still buy brand new 4-bedroom brick homes in amazing neighborhoods with great schools for less than half of the prices you mentioned.
I've seen a few across the years.
And most of these slimeballs, are not very bright in the long run.
Early on, the amass power and have support from outsiders. They shine bright. And for a while, they are unstoppable.
Over time, however, they f up, or other, more powerful slimy folks displace them. Or they tire of their job and move somewhere else.
The other thing at play, is intentional manipulation posing as "accidental slip-ups" .
Early in Trump's presidency, he'd tweet something outrageous and the press would spend DAYS on that tweet, i.e. Covfefe. Meanwhile Trump would get dozens of judges confirmed. It was glorious.
Well, the left plays that game as well, and our side is unfortunately prone to gullibility. Any DNC apparatchik knows that uttering "Liberal World Order" will set many people off.
Again, it is important to be observant. But it is equally important to recognized when someone wants you to be a useful idiot.
“Get ‘Em Out By Friday!”
Sure it is. Government is one more thing capital has purchased. Of course it’s then going to be used to protect and promote capital’s interests.
You answer your own question. You know that, right?
Yep. It’s easier that way, just like it’s easy to avoid being a tool of the left.
For interest sake, here’s the listings in the Hamilton, Ontario, area. You have to go to the pages in the 50s to get something for $550,000 range, and they’re basically dumps or apartments.
Our area is brutal. Fortunately, we sold a house we paid $320,000 for in 2010, last year for $850,000. We cashed in on this insane market, bought a 1200 sq. ft. new mobile home, have set it up on my daughter and SIL’s farm, and used the money to help them and my son. I just couldn’t see sitting on that big real estate payoff when my kids could use the help. Both my daughter & SIL and my son and DIL are the hardest working people I know - but everything is so stacked against young people today. They were making things work on their own, but not without intense struggle. The help just made life a lot less stressful, so I’m glad for that.
Well, the average price now of a single dwelling house is about $400k.
Ha! Kids talk about moving to Texas a lot lol. I wish I had done it years ago - too late now.
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