Your New Neighbor Is Wall Street
Manage episode 350442633 series 3393023
In this episode, Sean Payne and Isaiah Chass of LivXplore - Real Estate & Lifestyle touch further on the topic of Corporate America investing in residential real estate. Countless firms are jumping at the opportunity to own a larger stake in residential real estate, and big players such as JP Morgan are already showing their multi-million and billion dollar portfolios’ ability to make this a reality. Inventory continues to remain at an all-time low, aiding Wall Street in their takeover. With every new housing development that is squandered, the inventory issue worsens. You may think this isn’t happening around you, but it doesn’t take long to find a corporate buyer that is buying around you. Metropolitan areas are seeing nearly one in four homes being owned by Corporate America. Your neighbor is eventually going to be a Wall Street backed company if this issue isn’t addressed. Tune in to hear more about what is going to happen to your neighborhood.
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