I think hedge funds realize eventually all these Baraqqi/Bernanke minibucks being created are going to cause massive inflation. From what I’ve seen they buy smaller newer homes in good school districts - desireable to renters.
It’s a way to spread out their exposure beyond stocks and commodities.
The big boys don't make stupid bets often... not the 'early betters'...and that's what's happening. They're seeing a different world than the one we're living in right now.