[quote=equalizer]
A Blackrock investor would say that they are doing what needs to be done in 0% rate environment. It is a very interesting asset class, possibly better than lumber. If they are too successful, they may outbid first time buyers with 100% cash and possibly overpay creating resentment from people who are losing out of the American dream?[/quote]
The question is how long does it take for a CA style legislator to pass even more tenant protections.I have a feeling that it might really suck to be a landlord in the state if a hedge fund rental group does anything that is viewed as “unfair”.
