Incoming Housing Collapse? See How Private Equity Giant Blackstone Is Preparing To Pounce
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July 26, 2022 Posted in: Patriots
Incoming Housing Collapse? See How Private Equity Giant Blackstone Is Preparing To Pounce
Recently, ZeroHedge shared that “…a housing crash is now just a matter of time.”
“With mortgage rates soaring at the fastest pace on record to decade highs, and sending US housing affordability to the lowest in history…
… only a handful of the “1%” can afford the American Dream.”
And as you may or may not know, private equity giant Blackstone is the largest US residential and commercial landlord.
And it’s about to get even bigger.
Will they soon deploy some (or all) of their record $50 billion in dry powder that it has raised to prepare for this coming housing market collapse?
You can read more on ZeroHedge.com here.
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