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Sources:
1. https://therealdeal.com/2022/12/23/wall-street-has-110b-for-homebuying-spree/
2. https://markets.businessinsider.com/news/stocks/elon-musk-tesla-stock-sales-economy-interest-rates-recession-twitter-2022-12
Wall Street is sitting on over $110,000,000,000 (yes, $110 Billion) in dry powder that they are getting ready to deploy on the US housing market. They have enough cash to buy over 400,000 single family homes, cash.
The data suggest Wall Street will go from owning 4% of the housing stock to 40% of the housing stock in the next 7 years.
Get ready to invest, build out your plan and strategy because this is the greatest wealth transfer in human history and its unfolding now!
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