Real estate has always been a safe investment, 2009 economic crisis notwithstanding. But it has generally been the middle class, upper class, and commercial real estate that has appealed the most to private equity firms.
Today, things have changed. Affordable and low-end housing, especially the manufactured home park markets, have been increasingly targeted by institutional investors and private equity firms. They’re buying them like crazy at a time when the industry itself is expanding.
According to Wall Street Apes on X:
Absolutely insane. Wall Street private equity firms are now buying up American mobile home parks and skyrocketing rents up to 60% on people.
“These communities have become the target of a new kind of landlord, private equity. Private equity firms are increasingly getting involved. Some of the biggest investors in America have moved into this industry. People living at a local mobile home park outraged over the sharp increase in lot rents. Rents were raised by nearly 60%.”
Resident: “I worked for 45 years. There is no American dream anymore. All it is survival.”
“Homes of America has gone on a buying spree spending nearly $300 million to acquire 138 parks across 17 states. They’ve raised rents and aggressively evicted residents.” and that’s just ONE FIRM buying, there are many more
Resident says “I don’t know what I’m gonna do. Hope that I don’t wake up tomorrow. Death crossed my mind.” She can only afford one more month of rent
How much more will the American People continue to take?
It’s the captive-audience-nature that appeals the most. The investment may require a long time to turn a major profit, but time is on the side of the investors who want to continue making profits for years or even decades.
At Last, a Company With Integrity in the Gold IRA Industry
For several years, I’ve been vetting out precious metals companies in search of the best. I believe in gold and silver but it’s hard to find integrity in the Gold IRA industry. The vast majority operate with shady tactics and gigantic spreads that take advantage of Americans who simply want to protect their life’s savings.
I’ve found a handful that I like and I’ve worked with some of them. By no means would I “unrecommend” them because, again, I vetted them out and found them to be above the fold. Unfortunately, it isn’t hard to be better than the rest when the rest are so darn awful.
After years of searching, I finally found a company that truly operates with integrity. Augusta Precious Metals has three important attributes that set them far above the competition:
- Non-Commissioned Sales Team: I cannot stress how important and unique this is. With just about every other company in the Gold IRA industry, the sales teams make commission from every account they open. This means they steer their clients toward the gold and silver products with the highest commission. With Augusta Precious Metals, the team is solely focused on putting the best gold and silver for their clients into their IRA. They get paid to serve the best interests of the Gold IRA client, NOT their own commission pay.
- Incredibly Low Fees: Most Americans would be shocked if they knew the spread other Gold IRA companies charge. Augusta charges just 5% versus up to 45% elsewhere.
- No Pressure, No Gimmicks: There’s an understanding among most in the Gold IRA industry that fear and pressure is the way to go. Augusta Precious Metals takes a sober approach when working with clients because they hold integrity in the highest possible regard. This is why they don’t offer gimmicks like “free” or “bonus” silver. It’s also why they do not apply pressure tactics to get quick sales. Their educational and transparent approach to doing business is exceedingly rare in the Gold IRA industry.