Wall Street is quietly monopolizing the housing market—and we’re not talking about them buying homes. It’s something more far-reaching, something that will affect every investor in every market on every single deal.
Your local HVAC, pest control, drywall, and plumbing companies are seemingly raising prices in tandem, and each year it gets more expensive. Your material costs are jumping, sometimes 100% higher than they were just a few years ago, and every ...
Wall Street is quietly monopolizing the housing market—and we’re not talking about them buying homes. It’s something more far-reaching, something that will affect every investor in every market on every single deal.
Your local HVAC, pest control, drywall, and plumbing companies are seemingly raising prices in tandem, and each year it gets more expensive. Your material costs are jumping, sometimes 100% higher than they were just a few years ago, and every single brand seems to be owned by the same parent company. Now, your real estate agent is telling you that you’re unable to view listings from another brokerage.
Slowly, piece by piece, you’re being locked or priced out of the housing market, or you’re paying exorbitant amounts of money just to stay in the game. Why? Two words—corporate consolidation—the final play from Wall Street to make as much money as possible on every single thing you do for your home and real estate portfolio.
There are only a few ways to escape it. Today, I’m explaining how.
In This Episode We Cover
The “corporate consolidation” machine gobbling up small businesses and raising prices on everything
Why your material costs are rising so much more than the inflation rate
The brokerage that’s trying to lock you out of the market unless you work with them
How the American housing market became a corporate profit playground
Three things you can do today to keep your costs down and stay in the loop on real estate deals
And So Much More!
Links from the Show
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How To Estimate Rehab Costs In Real Estate
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Grab The Book on Estimating Rehab Costs
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-435.
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