Blackstone/ Invitations Homes IPO

[Ravi P.]

I just read an article stating: Blackstone's Invitation Homes will be going public. Largest home owner of homes in the US.

I am not sure how to read this. Does this indirectly mean the RE market has peaked on a Macro level?  Or is Blackstone just spreading some love and going to make everyone a millionaire?  

I always feel that these Hedge Funds and PE Groups are 2 steps ahead of any market or they are busy making the market. 

This is a timely move with interest rates rising, RE values will decrease. With a Republican as President Elect Middle class may shrink. I would assume that their homes would cater to this market. There are rumors the new administration may put limits on Section 8 Housing Vouchers. I think the there are pros and cons with housing voucher limit.

I personally feel that this will have an adverse affect on the positive momentum the RE markets have realized. 

Hopefully we can see some loosening mortgage guidelines. I am not referring to the Ninja loans but some practical guidelines that encourage responsible lending and promote home ownership.

I am not trying to make this a political post but I would like to see what the consensus fellow BP'ers think.