/biz/ - Business & Finance

>Blackstone Prepares A Record $50 Billion To Snap Up Real Estate During The Coming Crash
>A housing crash is now just a matter of time.
>Once housing craters, the largest US residential and commercial landlord - private equity giant Blackstone - will deploy its record $50 billion it has raised for the housing crash.
>When Americans are liquidating their housing en masse to shore up liquidity when the bottom falls out from the economy, Blackstone will step in and buy all the distressed properties at pennies on the dollar
Its happening. Blackstone has a $50 billion dollar war chest built up to buy houses when the real estate market crashes. This is only one of the many asset management corporations building their cash up for the coming real estate fire sale. There will be no relief for private home buyers. Asset management corporations will buy everything. If you don't buy a house now by the time the real estate market crashes you will be priced out. You will be doomed to rent for the rest of your life. Get your zestimate now before its too late.
https://www.zerohedge.com/markets/blackstone-prepares-record-50-billion-snap-real-estate-during-coming-crash
https://archive ph/SC3Tb