Just a heads-up: There is not an actual source that shows that private equity purchased 44% of single-family homes in 2023, let alone that Blackstone did. This all seems to be coming from this Medium article misunderstanding or misrepresenting the linked cnbc article (EDIT: and others) the source for the 44% number, which is not, in fact the cnbc article. That was my bad.
Just a heads-up: There is not an actual source that shows that private equity purchased 44% of single-family homes in 2023, let alone that Blackstone did. This all seems to be coming from this Medium article misunderstanding or misrepresenting the
linked cnbc article (EDIT: and others)the source for the 44% number, which is not, in fact the cnbc article. That was my bad.Please elaborate on how the Medium article is misunderstanding or misrepresenting the linked cnbc article.
EDIT: Not the CNBC article, but the source for the 44% number, I don’t know why I conflated the two in my head.
Sure. First, here is the non-paywalled version of the article: https://archive.is/dYiTl
Second, here is a succinct explanation of the problem with the 44% number they state: https://medium.com/@TheDebunker/the-article-is-a-disturbing-fraud-78faeebe2836
Thanks for providing the article, updated the title to match.