Blackstone raised rents double the market average in San Diego, report says

[SWBTATTReg]

4. Every thing they are touching they blatantly distort the economics of the particular area 'they' decide

to invest in, and this leads to a temporary market uptick for those assets that they decide on their own, that are worth investing in. So, they get tons of people also jumping in to invest in the same assets, all of which leads to a jump in asset values all across the board, and then, viola! The company decides, no, it's not a good investment and dumps it all, all before the rest of the suckers can unload their shares.

In short, it's a simple pump and dump situation. I hope the SEC catches them doing this.

At least this time around, I think that they got caught in the crashing housing markets in a few areas, thus, they got burned there. I am glad that they did get burned. If they are looking for more investment opportunities, don't create 'fake' investment scenarios, but perhaps put the money into distressed businesses, maybe improve the businesses, and repeat. Don't pump and dump.