About a month ago I joined the Board of Directors of a publicly-traded company that invests in US real estate.
The position brings a lot of insight into what’s happening in the US housing market. And from what I’m seeing, the transformation that’s taking place today is extraordinary.
Buying and renting out single-family homes has long been the mainstay investment of small, independent, individual investors.
The big banks and hedge funds pretty much monopolize everything else. They own the stock market. They own the bond market. They own all the commercial real estate. They even own the farmland.
This post was published at Sovereign Man on August 15, 2017.
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