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7296
HeadSet
2025 Dec 22, 5:25pm
HeadSet
2025 Dec 22, 5:25pm
The_Deplorable says
About 50% are Freddie Mae and Fanny Mac
Something
like 90% plus of the houses in the USA are owned by six financial companies.
About 50% are Freddie Mae and Fanny Mac
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https://finance.yahoo.com/news/pimco-kiesel-called-housing-top-160339396.html?source=patrick.net
Bond manager Mark Kiesel sold his California home in 2006, when he presciently predicted the housing bubble would pop. He bought again in 2012, after U.S. prices fell more than 30% and found a floor.
Now, after a record surge in prices, Kiesel says the time to sell is once again at hand.