WTF: Investment Companies Snapping Up Single-Family Homes

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no they are buying it, converting to condos and they will be renting it to you.

2030 you will own nothing and will be happy.

Newest Blackrock and alike idea is to be in rental business. Private jails worked well to certain point, but residential rental is a gold mine. no one will own anything in few years if you don't wake up and say no.



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Might partially be the dumping of US dollars in the only place that will take them: The US.

Bullshit.

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People are going to be forced into renting when there is nothing they can buy. Not everyone has someone they can move in with. It's only going to worsen as they flood more people into the country that need housing.

Yeah, there is a huge push to destroy the middle-class and massively increase the 1%'s power and control ... and then everyone else to then become UBI rental-serfs up in desert highrises/Smart Cities...

Last Edited by Grey Eagle on 06/14/2021 12:58 AM

You think people are popping their corks eay more often today when you read the news? Wait until the fallout from this comes to pass.

At the same time they were dropping covid to cripple the west China was buying up homes in the west.

[link to www.housingwire.com (secure)]

Is the CCP the preferred tool/model for the communists/globalist/depopulationist? Could be. Who are these usual suspects that you keep talking about? Are you sure that these "usual suspects" aren't themselves a scapegoat of those truly responsible, or that the CCP isn't using people's hatred for "the usual suspects" in order to deflect from the unconventional warfare that they are waging against the west?

To be fair, ownership was always an illusion.

Even people who own land have to pay taxes on it or they lose it.

Dinesh D'Souza 2:00 - 2:20
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You're a few months late to that party, or do you follow all stories at a later time?

Good point, and that's why many people are worried about the likely massive increase in homelessness. Either way people want to look at this housing situation, it's going to become a real mess very soon.

New subdivision in Texas, an entire street in a newer section was just bought IN BULK by some investment firm. The next week they all had FOR LEASE signs on them. Brand new homes... WTH??

Interest rates going to 1970's-80's Jimmy Carter rates soon.

That along with hyperinflation, it's going to make 1929 look like an economic boom.

Get ready for the Demonrat bread lines.

I wish I could believe that rates will go up, but I don't think it will happen. I don't see why the Fed would do the right thing after doing the wrong thing for so long. I expect the Fed will never raise rates, but the entire market (stocks, bitcoin, real estate) is all going to collapse in real terms. Hyperinflation might keep some of home prices up in nominal terms, but in real terms, they will crash in the bubble locations. Not saying some small town in Kansas is going to crash -- just talking about the mania locations. I think Florida and Texas (and much of the South) will see the least decline in prices. NY, Cali, Washington, Denver, etc -- all are going to become cheap.

"The New York-based firm — the world's largest money manager with $9.01 trillion in assets under management as of March 31 — becomes the first foreign money manager to be granted a license to run a 100%-owned fund management company on the mainland since Beijing opened the door for that option in April 2020."

[link to www.pionline.com (secure)]

"And while marketing Chinese investments that lack the basic auditing safeguards of U.S. companies, BlackRock is threatening to vote against boards that do not apply burdensome environmental reporting standards that have no statutory or regulatory standing — this, amid the deepest economic crisis since the Great Depression. BlackRock’s hypocrisy speaks for itself: punishing American companies that decline to apply entirely voluntary standards while being mute about Chinese companies’ lack of audit oversight and enforcement. There could hardly be a more blatant case of double standards."

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They have a VERY close working relationship with China.

Details are private, I've never seen them disclosed.

It wouldn't surprise me if China owns a large percentage of BlackRock.

BlackRock was the 1st American company that China allowed to open an investing firm inside China a few weeks back.


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Blackrock...

Chairman and Chief Executive Officer

Laurence D. Fink is Founder, Chairman and Chief Executive Officer of BlackRock. He and seven partners founded BlackRock in 1988, and under his leadership, the firm has grown into a global leader in investment and technology solutions. BlackRock’s mission is to help investors build better financial futures and the firm is trusted to manage more money than any other investment company in the world. Mr. Fink has been named one of the "World's Greatest Leaders" by Fortune magazine

YES, A CHINA MAN BOUGHT 200 SQUARE MILES OF TEXAS LAND, NEXT TO A MILITARY INSTALLMENT. BEING LOOKED INTO NOW!

Last Edited by Beetlepumprr on 06/14/2021 01:23 AM

Yeah the bigger picture is Blackrock (the inner elite's investment firm) is the umbrella entity gobbling up all the houses for the rental slave future all the good little vaccinated face.

Pfff noob.

Jazzy means name the shareholders of Vanguard and don't bother with spouting crap about the Rothschilds.

Just look at what Jack Ma owns in New York...like 45,000 acres

I wonder if Blackrock is going to give Hunter a position on their board, as Biden sells out America to the CCP?

Any opportunity to fuck someone over.

Any. Opportunity.

Why do you care? You're upgraded.

BTW the certain people who can't be named are just another scapegoat, but Jazzy wanted to know if you were antisemitic.

Well maybe you should spell it out for us “noobs”

Then again, that’s assuming you do know what you’re talking about, right?

Let me spill the beans for you.

They are buying up REAL estate.

Those who know, know.

Yeah unlike everyone else here I know how to find out the names of the "elite" in spite of their corporate safeguards.

And I'm the noob? You probably think an imaginary elf called Satan runs "Farm Earth".

THIS.

Another deflection.

You don’t know dick.