Welcome to the Neighborhood! Wall Street Designed It

From “Dow Jones & Company”:

1. Wall Street landlords are encountering difficulty finding houses to purchase, resulting in a focus on suburban rental communities designed to minimize costs for investors.
2. Big investors are optimistic about the housing market, even willing to construct entire neighborhoods due to the challenge of purchasing homes through traditional means. Interest rates are high, leading to a decrease in available homes for sale and record-high prices, as indicated by the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index in October.



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