So I was reading on real estate pricing in our area and stumbled upon an article that claimed that large PE (private equity) firms are now entering residential housing market. I did not believe what is happening at all. I mean how could PE firms listed on top US exchanges be buying all these houses when government clearly claims there is shortage of housing, and foreign buyers are bad bad people buying our real estate.
And as I dug more into this mess, it is evident that some of the world largest PE firms are indeed buying single detached houses in sought after neighborhoods and renting them out to people. to name a couple Core development group and Blackrock.
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About the author.
Albert is an ex-royal air force photographer. He is passionate about novel writing and creative arts, his work can be seen on Amazon and Opensea. Albert also enjoys macro photography displayed on Instagram and gaming with his son and records them to replay on YouTube.
Albert hugh 