Who owns more homes than anyone else in America? Well you would probably think the public in general would right? Well, that is wrong. The Largest home owner in America right now is an equity firm named Blackstone. That is correct a company. So much for the people huh. Well Blackstone actually owns over 29,000 homes. That is a lot of homes for any one entity to manage. Apparently they acquired these as rental properties when the market took a dive. The worst part about this is that this is a company and not the people. There is some good news at least this is actually a private equity backed by private investors. I would have to see this much property go to one of the government controlled banks. This proves one thing if you learn what you are doing you can invest and succeed as an individual as well. Don't forget to follow us for more good information thanks.
No comments:
Post a Comment