You can own real estate directly, which is active ownership, or indirectly, which is passive ownership.

In another LP group as well,the lead would also get some commission or kickback from the syndication (indirectly mostly).But all these forums are still having same problem with BP.

It took months of back and forth to get them to admit this indirectly finally.

Don't know if the above number guestimates are accurate or not LOLBut I will quote from MARK TWAIN (Samuel Clemens) : There are three kind of lies; direct lies, indirect lies, and statistics! 

There are direct costs and indirect costs.

So a CRE crash will indirectly hit the economy hard, I still believe SFR is a quality, long-term scarcity hard asset worth investing in.

You could invest some of your funds into a direct investment, and some you could put to work indirectly as a private lender.To be clear, I'm not advocating that you should do any of this.

The homeowners use the back entrance to their home rather than their front door which is right next to my front door entrance and comes in directly in front of my bedroom which is noisy my front window is where they park their cars so coming and going in front of my  nice big bay window.

I just did a brief search and the better neighborhoods have homes selling in $600,000 range (I indirectly know someone who bought there in 2019 in the $400,000 range so property values are going up, comps now in $600,000s).

The mechanism may be different (indirect via tax incentives vs. direct via law/regulation), but it is interference — getting the market to do something it otherwise would not do.