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Why Is Blackstone Gobbling Up Homes?

Why Is Blackstone Gobbling Up Homes? (via Bloomberg TV)

Dec. 20 (Bloomberg) — Blackstone and a handful of other private equity funds have been buying up single family homes across America at an unprecedented rate, betting that historically low house prices will bounce back. Meanwhile they’re rehabbing and…

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  1. We are trying to buy and Renovate large properties. For example five plus bedrooms or multifamily properties for use as supportive housing facilities for frail elderly and disable, who are low income. Our clients can not afford regular retirement communities, and are older renters needing to avoid institutionalized settings in our neigborhood based supportive housing units

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