re: Blackrock will own 70% of Homes in 6 years. We will own nothing.

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RiverCityTider

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I posted a set of facts for you.

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Haight says 40% of farmland is no longer owned by farmers and is instead owned by nonlocal investors like Gates. And residential real estate is increasingly owned by financial firms like asset manager Blackrock and investment firm Blackstone, which look at land as a direct investment.

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I'd like to say David Haight is misinformed. However with his access to actual facts as VP of the American Farmland Trust, it would be more accurate to simply tell you he's lying.

E.g., Gates (The BMGF) owns ~270K acres of farmland. Bezos owns over 400K acres. Ted Turner owns ~2M acres. Combined, that totals about 0.3% of American Farmland.

The type of non-family corporations Haight references own less than 5% of US farmland. LINK