I don't care. What's the play? They're buying it in the hope that the price increases so they can flip it? Same thing many individual real estate speculators do. It's not without risk for the corporations. The value may not increase and maintaining property can have a lot of expenses. Are they leaving the houses empty? So they sink a big capital investment into something that doesn't generate income but does generate expenses in the hope that some day in the future they can sell it and finally make a profit? Or are they renting these properties? That has it's own issues. You've got to deal with the tenants and that can massively backfire. And getting out of a property investment can have costs too. You've got find a willing buyer which can cost money. I can flip stocks in my etrade account instantly for a $7 broker fee. And I don't have to mow the lawn on my stock portfolio.
I don't care. What's the play? They're buying it in the hope that the price increases so they can flip it? Same thing many individual real estate speculators do. It's not without risk for the corporations. The value may not increase and maintaining property can have a lot of expenses. Are they leaving the houses empty? So they sink a big capital investment into something that doesn't generate income but does generate expenses in the hope that some day in the future they can sell it and finally make a profit? Or are they renting these properties? That has it's own issues. You've got to deal with the tenants and that can massively backfire. And getting out of a property investment can have costs too. You've got find a willing buyer which can cost money. I can flip stocks in my etrade account instantly for a $7 broker fee. And I don't have to mow the lawn on my stock portfolio.