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| 02:37 AM | ||
| Users Online Now: 1,397 (Who's On?) | Visitors Today: 151,981 | |
| Pageviews Today: 257,819 | Threads Today: 99 | Posts Today: 1,780 |
| 02:37 AM | ||
WTF: Investment Companies Snapping Up Single-Family Homes | |
| Anonymous Coward User ID: 35379103  United States06/14/2021 04:27 AM Report Abusive Post Report Copyright Violation | This is simple, black rock is definitely buying Realestate as a hedge. We are facing inflation so big players are looking for assets that generate income. Realestate is one form to keep up with inflation because you can adjust rents to keep up with the pace. Quoting: Anonymous Coward 35379103 If you have the money then you can do the same. If you don’t have the money then you’re renting |
| Matrix User ID: 80291200  Australia06/14/2021 04:28 AM Report Abusive Post Report Copyright Violation | They don’t intend to resell, it’s going to become govt property. They are buying everything and we’ll have the privilege of renting so long as we keep good social credit scores. Quoting: Anonymous Coward 79704196 It’s going to become government property. They don’t need our labor. That’s the part no one seems to get. They don’t need us. They don’t want us. Why should they keep us? Because it’s wrong to kill us?  The vax will keep us safe...  "Those who would give up essential Liberty, to purchase(masks, P.P.E, covid passes, etc) a little temporary Safety, deserve neither Liberty nor Safety".~B.F  |
Sterling88
 User ID: 80233902 United States06/14/2021 04:31 AM Report Abusive Post Report Copyright Violation | I have been getting text messages and phone calls. My house is 5000sqft, upper price range. So the calls are from companies interested in buying it. My house is not on the market at the moment. As a Christian I have no duty to allow myself to be cheated, but I have the duty to be a fighter for truth and justice. I believe today that my conduct is in accordance with the will of the Almighty. |
| Jungleboogie
User ID: 76648271  Canada06/14/2021 04:31 AM Report Abusive Post Report Copyright Violation | |
| Daniel of the Rose
User ID: 79067217 United States06/14/2021 04:32 AM  Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 80483898 06/14/2021 04:35 AM Report Abusive Post Report Copyright Violation | |
| JackieBlue
User ID: 77012868 United States06/14/2021 04:57 AM Report Abusive Post Report Copyright Violation | I have a friend's who is a single mom with two kids. She's looking for a rental house. They are requiring a minimum credit score of 750. She can't find a place to rent. The rental prices have gone through the roof. They are making it impossible to survive. We will soon see homelessness everywhere I WILL SURVIVE!!! |
| Anonymous Coward User ID: 58925551 United States06/14/2021 05:00 AM Report Abusive Post Report Copyright Violation | Jimmy Dore and Dylan Ratigan. Turning Americans into permanent renters. [link to www.youtube.com (secure)] |
| Anonymous Coward User ID: 80302026 United States06/14/2021 05:03 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 53392648 United States06/14/2021 05:12 AM Report Abusive Post Report Copyright Violation | ICYMI: If You Sell a House These Days, the Buyer Might Be a Pension Fund Quoting: GemKline Yield-chasing investors are snapping up single-family homes, competing with ordinary Americans and driving up prices My theory is these companies are snatching up single family homes to house or sell to illegals. The left’s desire to eradicate the middle class is strong. As the article states, some of the houses are going for over 100k of asking price. At this rate, we can kiss our middle class to upper middle class suburbs goodbye. [link to www.wsj.com (secure)] Biden plans to forces multi family housing everywhere...especially single family home space.. think new ghettos popping up where where... |
| Anonymous Coward User ID: 80467080 United States06/14/2021 05:19 AM Report Abusive Post Report Copyright Violation | ICYMI: If You Sell a House These Days, the Buyer Might Be a Pension Fund Quoting: GemKline Yield-chasing investors are snapping up single-family homes, competing with ordinary Americans and driving up prices My theory is these companies are snatching up single family homes to house or sell to illegals. The left’s desire to eradicate the middle class is strong. As the article states, some of the houses are going for over 100k of asking price. At this rate, we can kiss our middle class to upper middle class suburbs goodbye. [link to www.wsj.com (secure)] Even if you have a home, as these investors buy up houses around you, who is going to want to live in a neighborhood of renters? I don't care what the price of rent is, many people don't take care of homes they rent. And, aside from illegals, you could have homes being turned into HUD homes. I don't like HOA's, but they could be helpful..in that they can state no homes in the HOA can be rentals. |
| Anonymous Coward User ID: 80439353  Germany06/14/2021 05:22 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 78130743 Germany06/14/2021 05:22 AM Report Abusive Post Report Copyright Violation | MICHAEL SHANNON: (As Rick Carver) Now, do you think I'm going to let that happen to me? You think America in 2010 gives a flying rat's [expletive] about Carver or Nash? America doesn't bail out the losers. America was built by bailing out winners, by rigging a nation of the winners, for the winners, by the winners. '99 Homes' Feels Heartbreakingly Real [link to www.bustle.com (secure)] The Crisis Behind '99 Homes' — And How It Fueled The Film's Script [link to www.npr.org (secure)] |
| Anonymous Coward User ID: 30145985 Canada06/14/2021 05:30 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 80308283 Germany06/14/2021 05:49 AM Report Abusive Post Report Copyright Violation | It's the logic of the game you are part of. More and more and more money. You won't change that and the complaints and the efforts, there must be restrictions, it has up to now shown zilch efficacy. The more of it always is in lead position. Can you change in the maga sphere what you are unable to change in your mini world. |
| Anonymous Coward User ID: 78636663 Germany06/14/2021 06:02 AM Report Abusive Post Report Copyright Violation | 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. [link to www.wsj.com (secure)] I wonder if Blackrock is going to give Hunter a position on their board, as Biden sells out America to the CCP? Yeah with Bidens cabinet that is full of Israelis. And his children that all married Israelis. And the investment firms that are operated by Israelis. I would welcome the CCP if they broke us free from the cancer that is Israel and it's people. |
| Anonymous Coward User ID: 79269323 United States06/14/2021 06:09 AM Report Abusive Post Report Copyright Violation | Please watch the first 2 minutes. This explains a lot. I am not promoting the guy. It is just the best explaination that I have seen articulated. I am in the build to rent space. Yes. Hedge funds are buying up property. However, there isn’t enough. So they are just building their own inventory. |
| Anonymous Coward User ID: 78994449 Germany06/14/2021 06:13 AM Report Abusive Post Report Copyright Violation | Part of the great reset. Quoting: Don Draper from Nantucket We are to become a renter nation. The plebs will own nothing, and be happy about it! LIKE THE CHINOS Actually no. China has has private property rights since 2007. [link to en.wikipedia.org (secure)] |
| FightForGod!
User ID: 80146778 United States06/14/2021 06:24 AM Report Abusive Post Report Copyright Violation | There is nothing nefarious about this. Investment firms invest. If they believe there can be monetary appreciation, then they will risk the capital. Have housing prices peaked? Obviously not. Should you sell? NO! Not yet. Should you buy? Depends on how long you can afford to hold and how quickly you can move properties. I am not a buyer in this market. If you can afford to pay cash and flip then yes, that would be a good way to make short term capital gains. 1 Corinthians 6:9-10 ESV Or do you not know that the unrighteous will not inherit the kingdom of God? Do not be deceived: neither the sexually immoral, nor idolaters, nor adulterers, nor men who practice homosexuality, nor thieves, nor the greedy, nor drunkards, |
| Anonymous Coward User ID: 79647524  Luxembourg06/14/2021 06:28 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 80441625  Spain06/14/2021 06:30 AM Report Abusive Post Report Copyright Violation | The reason they are targeting single family homes is because of the buy sentiment after Covid. People didn't mind living in small apartments, being closer to the city centers because they could go outside and enjoy the life that the city offers. Covid made people realize that having a comfortable home with a yard, BBQ, room to exercise, etc. Is very important. Plus, as the world is going to move towards remote working, homes are essentially becoming offices too. So, people are putting the $150 of public transport or auto insurance/gas/parking towards renting a better place. Or, buying them at extremely high costs. |
| Anonymous Coward User ID: 79543875 United States06/14/2021 06:32 AM Report Abusive Post Report Copyright Violation | I'm north of Tampa. My development was built in the 1970s. Quoting: Remedial_Rebel Houses are selling at 75% more their value from a year ago. $150k in 06/2020 just sold for $260k. I'm getting 3-4 mailings a week to buy my house. Crazy. Where does this lead to? It leads you into a cubicle apartment in a dystopian "smart city" where you will own nothing and like it. But where would these smart cities be set up. Cities are extremely expensive. I can’t see this happening. At least not for many decades if that. |
| Anonymous Coward User ID: 79543875 United States06/14/2021 06:38 AM Report Abusive Post Report Copyright Violation | I'm north of Tampa. My development was built in the 1970s. Quoting: Remedial_Rebel Houses are selling at 75% more their value from a year ago. $150k in 06/2020 just sold for $260k. I'm getting 3-4 mailings a week to buy my house. Crazy. Where does this lead to? It leads you into a cubicle apartment in a dystopian "smart city" where you will own nothing and like it. 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 [link to www.youtube.com (secure)] 2:00 If you have Cain and Abel, and Abel is a shepherd and Cain is a farmer, and Cain says "Okay, I'm now going to put a fence around the whole world. I own it. Cause I'm the only guy here - you're a shepherd. And my descendents will now inherit the earth. And anybody who shows up is a usurper." Quoting: Dinesh D'Souza (Transcription)2:17 Rousseau (1712-1778) says the first guy who puts up a fence and claims he owns something is a con-man. 2:23 So, the American Indians came. They happened to be first. They came in a bunch of tribes. The Navajos who got the land took it from the Hopi or the Pueblo. The Sioux who got the Black Hills took it from the Cheyenne. 2:44 So when [the Sioux] say "Oh, give us the land back!" "Are you going to turn around and give it back to the Cheynne?" "Oh no it's ours!" "Really?" The taxes are worked into the rental prices also. So either way we pay them. Would still rather own the home than rent. Look for places with low taxes. Then when the home is paid off it’s not a problem to pay the taxes which can be very low. |
| Anonymous Coward User ID: 79543875 United States06/14/2021 06:39 AM Report Abusive Post Report Copyright Violation | I'm north of Tampa. My development was built in the 1970s. Quoting: Remedial_Rebel Houses are selling at 75% more their value from a year ago. $150k in 06/2020 just sold for $260k. I'm getting 3-4 mailings a week to buy my house. Crazy. Where does this lead to? It leads you into a cubicle apartment in a dystopian "smart city" where you will own nothing and like it. 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 [link to www.youtube.com (secure)] 2:00 If you have Cain and Abel, and Abel is a shepherd and Cain is a farmer, and Cain says "Okay, I'm now going to put a fence around the whole world. I own it. Cause I'm the only guy here - you're a shepherd. And my descendents will now inherit the earth. And anybody who shows up is a usurper." Quoting: Dinesh D'Souza (Transcription)2:17 Rousseau (1712-1778) says the first guy who puts up a fence and claims he owns something is a con-man. 2:23 So, the American Indians came. They happened to be first. They came in a bunch of tribes. The Navajos who got the land took it from the Hopi or the Pueblo. The Sioux who got the Black Hills took it from the Cheyenne. 2:44 So when [the Sioux] say "Oh, give us the land back!" "Are you going to turn around and give it back to the Cheynne?" "Oh no it's ours!" "Really?" The taxes are worked into the rental prices also. So either way we pay them. Would still rather own the home than rent. Look for places with low taxes. Then when the home is paid off it’s not a problem to pay the taxes which can be very low. |
| Anonymous Coward User ID: 80365281 United States06/14/2021 06:40 AM Report Abusive Post Report Copyright Violation | |
| JackieBlue
User ID: 77012868 United States06/14/2021 06:47 AM Report Abusive Post Report Copyright Violation | I bet they are counting on renting these homes at high rates to people with bed credit because of the Covid economy. Or if they sell these houses... they will charge high as hell mortgage rates and make fortunes like credit card companies do... it is a Ghe w thang.... Quoting: Tooknotice They are requiring a 750 credit score or above to rent a house where I live. And many if them are requiring full vaccination. I WILL SURVIVE!!! |
| Anonymous Coward User ID: 79543875 United States06/14/2021 06:48 AM Report Abusive Post Report Copyright Violation | I have a friend's who is a single mom with two kids. She's looking for a rental house. They are requiring a minimum credit score of 750. She can't find a place to rent. The rental prices have gone through the roof. They are making it impossible to survive. We will soon see homelessness everywhere Quoting: JackieBlue I can understand when landlords have been burnt by tenants who refused to pay rent. No way I would rent to to anyone these days. Would you? It’s too much of a risk. No one is owed a place to live honestly. You move in with family friends or get roommates. If you don’t have a good credit score then no one will look at you unless you have a lot of money up front. Even then it’s difficult. No one expects banks just to loan money because you are down and out. Why should anyone just let you rent something when you are a risk? Maybe you should buy something and rent it out if you feel bad for people. |
| Anonymous Coward User ID: 79543875 United States06/14/2021 06:51 AM Report Abusive Post Report Copyright Violation | I bet they are counting on renting these homes at high rates to people with bed credit because of the Covid economy. Or if they sell these houses... they will charge high as hell mortgage rates and make fortunes like credit card companies do... it is a Ghe w thang.... Quoting: Tooknotice They are requiring a 750 credit score or above to rent a house where I live. And many if them are requiring full vaccination. Rentals are requiring people be vaccinated? Provide proof on that because I don’t believe it. |
| MySoul
User ID: 15031220  United Kingdom06/14/2021 07:29 AM Report Abusive Post Report Copyright Violation | |
| ElleMira
User ID: 76494359 United States06/14/2021 07:30 AM  Report Abusive Post Report Copyright Violation | |
