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Started By
Message
re: Blackrock will own 70% of Homes in 6 years. We will own nothing.
Posted on 10/22/23 at 9:00 am to RiverCityTider
Posted on 10/22/23 at 9:00 am to RiverCityTider
People thought Enron would take over the world too.
Posted on 10/22/23 at 9:12 am to shel311
After looking at the numbers again, institutional ownership of sfrs is at about 20% and consensus est for 2030 is 50%.
Blackstone has the biggest share.
Regardless, the numbers are way up and driving prices.
I hope we don't have to argue about whether or not institutional ownership of agricultural land and means of shelter by ten trillion dollar international conglomerates is a bad thing.
It drives up prices.
Look, to all you cut throat Ayn Rand capitalist... if your system results in 75% of Americans unable to provide a roof over their head or eat decent food, then good luck with that.
Blackstone has the biggest share.
Regardless, the numbers are way up and driving prices.
I hope we don't have to argue about whether or not institutional ownership of agricultural land and means of shelter by ten trillion dollar international conglomerates is a bad thing.
It drives up prices.
Look, to all you cut throat Ayn Rand capitalist... if your system results in 75% of Americans unable to provide a roof over their head or eat decent food, then good luck with that.
Posted on 10/22/23 at 9:14 am to RiverCityTider
Before the uni-party, Congress would force a breakup of these kind of monopolies.
Stop voting GOPe.
Stop voting GOPe.
Posted on 10/22/23 at 9:15 am to RiverCityTider
They won’t touch the family portfolio held in a trust.
Posted on 10/22/23 at 9:18 am to RiverCityTider
quote:
After looking at the numbers again, institutional ownership of sfrs is at about 20%
No. You’re making shite up or don’t understand. Investors own 20% percent, the vast majority being normal people and local. Large companies, aka institutional investors own about 3%.
quote:
consensus est for 2030 is 50%.
I thought it was 70, now it’s 50? What else do you want to make up?
Btw don’t let me get in the way of a good bogey man melt. Those BR finance bros find this pretty funny I’m sure.
This post was edited on 10/22/23 at 9:19 am
Posted on 10/22/23 at 9:18 am to tketaco
quote:
Build more homes. Saturate the market.
Homes?
Nope, the trend is huge 500-1000 unit apartment projects with "amenities" for people under age 45. Dog parks, latte/coffee shop, exercise facilities, swimming pool, etc. These developments started popping up in droves around the KC metro 12-13 years ago and they're everywhere and they're still building them. A shite load of people under age 45 will own nothing and like it....well, unless their Boomer parents give them the key to their house when they croak.
Posted on 10/22/23 at 9:21 am to tketaco
quote:They can easily control that - who, where, when..
Build more homes. Saturate the market.
and to the OP - Blackrock controls over 85% of the S&P500 boards
Not only does Larry Fink - its Khazarian Mafia leader - control that much of the economy here and in several places abroad; if Larry Fink were a country, he would rank 3rd in the world in GDP
and he wants more
That way he can be president of other countries as well as the USA he currently presides over..
it is a sickness - Khazarian hatred Talmud disease
This post was edited on 10/22/23 at 10:29 am
Posted on 10/22/23 at 9:24 am to Tandemjay
quote:through our entire history, our representation would break up these monopolies.
Before the uni-party, Congress would force a breakup of these kind of monopolies.
Instead they now grow to planet wide monstrosities
This is probably the least discussed of the nightmare being pushed on the world by Khazarian Mafia hatred
Posted on 10/22/23 at 9:26 am to theunknownknight
quote:yep, our president, Larry Fink of Blackrock has armies of regulators and psychological warfare specialists in place
I was told when I said this a few years ago on here I was a conspiracy nut
Posted on 10/22/23 at 9:52 am to billjamin
If it's a fund or a Reit. Then it is the fund that ownes the asset. The investor owned shares. So of course that's what I'm talking about.
So these are not homes owned by individual investors or residents.
So these are not homes owned by individual investors or residents.
This post was edited on 10/22/23 at 9:54 am
Posted on 10/22/23 at 9:56 am to JJJimmyJimJames
quote:And yet people spend their days fighting over Democrat vs Republican whiles both sides fail to realize they're both fricking you over while you worship them and support your side.
through our entire history, our representation would break up these monopolies.
Instead they now grow to planet wide monstrosities
Posted on 10/22/23 at 10:00 am to BeepNode
quote:isn’t that ultimately what homestead exemption is?
There should be an additional property tax on residential land not owned by the inhabitants.
Posted on 10/22/23 at 10:00 am to shel311
quote:yes
quote:
through our entire history, our representation would break up these monopolies.
Instead they now grow to planet wide monstrosities
And yet people spend their days fighting over Democrat vs Republican whiles both sides fail to realize they're both fricking you over while you worship them and support your side.
the twist these days is that they own all of the economy AND the political parties themselves..
so that whoever is supposed to break monopolies is no danger to them
Posted on 10/22/23 at 10:01 am to shel311
quote:
And yet people spend their days fighting over Democrat vs Republican whiles both sides fail to realize they're both fricking you over while you worship them and support your side.
politicians are all the same.
Posted on 10/22/23 at 10:04 am to Eurocat
quote:
government housing
quote:
sounds good
If only there was hint of sarcasm in this statement...
Posted on 10/22/23 at 10:19 am to Nosevens
quote:
He is expressing what is happening around us . You definitely are a arse though
Here is the thing, the poster was right for the wrong reasons. In the historical scheme of things, even the most impoverished American is immensely wealthy.
Indeed, by any objective historical matrix, everyone participating in this thread is wealthy beyond the imagination of the average human living 100 years ago much less 1000 years ago. Yet what is the actual source of the abundant material riches we all enjoy?
Money in and of itself is not a useful indicator of true wealth. Wealth is not found in nature nor is it created by government fiat; wealth is only created by labor and the transformation of raw materials into useable goods.
True wealth only arises from using labor and raw material to create useful goods and services. Indeed, creating more money without first creating true wealth is the wellspring of the continuing crisis.
Posted on 10/22/23 at 10:20 am to RiverCityTider
quote:
They are offering 25 to 50 percent over asking price.
Where?
Posted on 10/22/23 at 10:21 am to RiverCityTider
Wish they would come buy my home for 50% over asking.
Posted on 10/22/23 at 10:22 am to RiverCityTider
The problem with threads like this and the PT board in general is stuff like this gets posted and so many read the OP and then don't come back to see that it's mostly BS. So the info gets treated like facts and recycled over and over like it's the truth.
Posted on 10/22/23 at 10:23 am to shel311
We are learning a valuable lesson about the difference in conservatism and populism.
Conservatives are warmongers without regard for the general well being of the people.
To a conservative, a product made by slave labor in Vietnam is A OK if profits are maximize. He never considers the types and quantities of jobs available to American workers.
Conservatives are deftly afraid of big government but see no threat from massive corporations, which are seem as the product of a Darwinian economic evolution they call free enterprise.
The reality is corporations get big and really powerful and they then control lots of resources that they use to coop government and gain control.
Another reality is that free trade is often nothing more that exporting jobs to tyrant nations that disregard the basic human rights of workers.
Populism protects sovereignty. Populism insists that the system works for a decent plurality of its workers. Populism ensures national security by preserving manufacturing capabilites over short-term and short sighted corporate greed.
Populism advocates free markets and private ownership but recognizes that it only works within certain parameters and that too much concentration of wealth in certain companies or by certain people is just too dangerous to the people's interest.
Populism does not advocate socialism which does not work and is not just. But it does hold both the government and the corporate world accountable to the general welfare... just as it holds the individual also accountable to his lot in life
Conservatives are warmongers without regard for the general well being of the people.
To a conservative, a product made by slave labor in Vietnam is A OK if profits are maximize. He never considers the types and quantities of jobs available to American workers.
Conservatives are deftly afraid of big government but see no threat from massive corporations, which are seem as the product of a Darwinian economic evolution they call free enterprise.
The reality is corporations get big and really powerful and they then control lots of resources that they use to coop government and gain control.
Another reality is that free trade is often nothing more that exporting jobs to tyrant nations that disregard the basic human rights of workers.
Populism protects sovereignty. Populism insists that the system works for a decent plurality of its workers. Populism ensures national security by preserving manufacturing capabilites over short-term and short sighted corporate greed.
Populism advocates free markets and private ownership but recognizes that it only works within certain parameters and that too much concentration of wealth in certain companies or by certain people is just too dangerous to the people's interest.
Populism does not advocate socialism which does not work and is not just. But it does hold both the government and the corporate world accountable to the general welfare... just as it holds the individual also accountable to his lot in life
This post was edited on 10/22/23 at 10:32 am
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