The Other Shoe Drops: Blackstone Landlord Halts Home Purchases in 38 Cities as Market Crashes

“Home Partners of America, the single-family landlord owned by¬†Blackstone, the largest residential and commercial landlord in the US, will stop buying homes in 38 US cities, becoming the latest institutional investor to back away from an overheated housing market.”

https://www.zerohedge.com/markets/other-shoe-drops-blackstone-landlord-halts-home-purchases-38-cities-market-crashes

Published by markskidmore

Mark Skidmore is Professor of Economics at Michigan State University where he holds the Morris Chair in State and Local Government Finance and Policy. His research focuses on topics in public finance, regional economics, and the economics of natural disasters. Mark created the Lighthouse Economics website and blog to share economic research and information relevant for navigating tumultuous times.

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