Millions of Americans are home-hunting in the most expensive and competitive housing market in decades. 🏡 🔥

But buyers might be surprised to find out their competition isn’t other individuals or families, but giant corporations… and these corporations offer premiums over market prices to limit competition. 😬

Yeah… your new next door neighbor could be a foreign government or a giant investment bank like Blackrock. It’s no surprise why, either— land is a highly-valued commodity nowadays. 

For companies like Blackrock, buying up houses is all about demand. People will always need a place to live, and landlords are driving up rent. It’s pretty simple economics.