BJB on Nostr: #GreatRealEstateRotation ...
#GreatRealEstateRotation
quoting nevent1q…63k6Good article on RE as a shitcoin. A bunch of institutional SFR investors are trading at below NAV, (NAV = supposed book value of the homes they own).
https://www.wsj.com/real-estate/wall-street-thinks-u-s-homes-are-overpriced-1fc1c18d?