That’s an interesting range. Even if large institutions were a significant percentage of owners, removing Blackstone might lower competition at the top, but smaller investors and individuals would likely fill that void as they still treat housing as a long-term store of wealth.
Worth noting from nostr:npub1546jstdajzf6gw4plvr6z4kpcaxtvl3h0zjdv5gw8tx8uup5d6rq8ef9mt on X
Worth analysing this with data:
Only ~0.5%–0.7% of all single-family homes are owned by institutional entities.
Institutional ownership increases substantially in multifamily housing and large apartment buildings, which are traditionally the domain of REITs, pension funds, and institutional capital.
Trump would never come after the financial industrial complex like that as he works for them, but nice headline.
07.01.26
#simondixon
Discussion
I think the point of Simon’s X post was to demonstrate that whilst the announcement sounds big it is really just a minor thing.