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While homeowners and real estate buyers are wondering if they should buy a new home at these record-high prices, and many others are waiting for the markets to drop, and to time a better buy. .. What many are failing to realize is the real estate market, the greatest driver of wealth, for most American families has been taken over!
Starting with the great American wealth transfer. Big wall street institutional firms and funds, that typically buy office buildings, hotels and shopping centers around the world have a new favorite real-estate play:
single-family homes in American suburbs. It’s a take over of the housing market with free money given to them by central banks, its the heist of the century. The wealth transfer of middle American wealth to the rich.
In suburban neighborhoods all across America, cities such as Atlanta,
Las Vegas and Phoenix — 10’s of thousands of families are now sending monthly rent checks to institutions, (which have benefited from easy money Central Bank policies). This is the great wealth transfer happening, right before our eyes.
So, let’s dive in!
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