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Updated over 12 years ago on . Most recent reply

Are big time hedge funds sucking up your local deals?
I live and work in Jacksonville, FL and have noticed over the last several months a huge influx of out of area investors. One buyer has bought over 100 homes here recently and rented them out. I researched some of the buyers and found that they are private equity and hedge funds snapping up so much. Are they in your market yet?
http://www.floridatrend.com/article/15187/landlord-inc
Most Popular Reply

Yep, ya gotta hand it to them Banksters. They're a crafty bunch.
First they entice SFH bidding wars with easy credit that they can create out of thin air.
Then they blow up the economy with a financial crisis causing people to lose their SFH.
Then they borrow money from the Fed at 0% and buy up all the cheap SFH.
Now they rent them back out to the people they swindled in the first place.