When the hedge fund he founded shorted over $25 billion mortgage securities in the early days of the 2008 financial crisis, John Paulson became a billionaire. Now, he’s looking at…
Tag: Housing Market
Wall Street Using Tech Firms to Gobble Up Starter Homes
Investors are buying up houses and flipping them to landlords, squeezing out the average home buyer, especially in communities of color, a Bloomberg Business + Equality article reports. The investors…
Millennials Will Drive Up Housing Costs For Years
Fueled by shrinking debt, expanding wealth, growing families and low interest rates, millennials area driving the housing market and will probably drive up home prices for years to come, contends…
Buying a House, the Wall Street Way
An article in The Wall Street Journal describes how institutional investors are using computer algorithms to purchase large numbers of rental properties. Specifically, it explains how one data scientist, Martin…
Mullen to Bet $1 Billion on Housing Market
A decade ago, Goldman Sachs Group Inc. cashed in on a big bet against the housing market with the help of Donald Mullen Jr., but a Wall Street Journal article…
Housing Market Confidence is Building
Homebuilder optimism has grown, according to The National Association of Home Builders/Wells Fargo Housing Market Index (HMI) which settled at 65 in September (it had not been that high since October…