its yield they are buying. if your an average person you can't handle the risk but this is something that can yield 10% yearly grouping it together. Also in 10 years a home will be worth more than you pay at today's prices. i would think blackrock has area's of the country its targeting. if you pick the right markets this is a genus move even if the homes go down 10% more in the long run this will be a money making machine. its sad though it shows how people won't have the money to buy in the future because 1/3 of american's make less than 25k a year.
Meanwhile, Big Investors Quietly Slip Out The Back Door On Housing As "Stupid Money" Jumps In http://www.zerohedge.com/news/2013-...slip-out-back-door-housing-stupid-money-jumps
is 6% really stupid money and that's with a lot of empty properties. if you can make 6% after paying your lending cost, repairs, insurance, and up keep that's kind of good. this is how real wealth is made and remember at some point all those properties are paid off so that 6% goes a lot higher. also i don't care what anyone thinks 15 years from now home prices will be higher is good markets its a safe bet.