Rabbit Hole Recap #229: The Bankruptcies and Executive Departures Continue
Rabbit Hole Recap
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Real Estate Is a Hit Coin
Kelly Wallace: Blackstone 69 nice billion real estate fund says we'll limit redemption requests after breaching limits this quarter. A lot of these investment funds were buying apartments, brand new apartments post-COVID lockdowns and money printer going burr. It seems like that may be turning out to be a bad trade according to Wallace. "We can see some real estate price crashes moving forward," he said.
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