Bloomberg Businessweek Weekend - May 5th, 2023
Bloomberg Businessweek
00:00
How to Make Money in the Housing Market
The housing industry is to build a home and sell it. Or preferably sell it home and then build it, right? So imagine if BMW or General Motors waited for you to order a car before they started the factory every day. That's how the US housing market works. There's no, they don't have any long gated demand cycle. And there's a lot of price risk in the asset itself as we're seeing today. We can create a really reliable, long-term capital base for the asset before it's built.
Play episode from 48:45
Transcript
