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Why is BlackRock, (the FED), buying every "Single Family House", they can find?
Posted on 6/10/21 at 4:17 pm
Posted on 6/10/21 at 4:17 pm
quote:
Blackrock is buying every single family house they can find, paying 20-50% above asking price and outbidding normal home buyers. Why are corporations, pension funds and property investment groups buying...
quote:
entire neighborhoods out from under the middle class? Lets take a look. Homes are popping up on MLS and going under contract within a few hours. Blackrock, among others, are buying up thousands of new homes and entire neighborhoods.
quote:
As an example, a 124 new home neighborhood was bought in its entirety in Texas. Average Americans were outbid to a tune of $32million. Homes sold at an avg if 20% above listing. Now the entire neighborhood is made up of SFR's. What are SFR's??
quote:
Single Family Rentals. Now, your potential lower to middle class home owner is positioned to be a permanent renter. This matters because for the lower and middle class owning a home is the most major part of any financial success, and future upward mobility.
CulturalHusbandry
Wall Street Journal
THIS is part of the "Great Reset".
You know, "You will own nothing and be HAPPY"
I thought this might be important information for people to know. I am no finance, or Real Estate expert, so if you all already know this, or find it unimportant, I apologize for the distraction, in advance.
33
Posted on 6/10/21 at 4:23 pm to LookSquirrel
You don't need a house when the gubment will furnish you a one bedroom apt in the city that is close to your Hunger Games work detail.
Posted on 6/10/21 at 4:24 pm to LookSquirrel
This is not good. This will end up being slum-lording on steroids.
Posted on 6/10/21 at 4:24 pm to LookSquirrel
Blackrock has a REIT that is raising shite loads of money. Retail investors at Merrill & Morgan Stanley are dumping money into the REIT and the REIT has to buy assets. They raised 1.9 Billion in April alone. That money has to be deployed and real estate has to be bought.
Posted on 6/10/21 at 4:25 pm to LookSquirrel
10 thousand illegals need beds and the Tax Payers will boot the Bill
Posted on 6/10/21 at 4:28 pm to LookSquirrel
Get to know the folks at your local Amish Sawmill/house builders.
Posted on 6/10/21 at 4:28 pm to LookSquirrel
Part of the regressives' plans to demographically re-engineer our beloved country!
Posted on 6/10/21 at 4:29 pm to LookSquirrel
To make money
Posted on 6/10/21 at 4:34 pm to LookSquirrel
They are attempting to turn Texas blue
Posted on 6/10/21 at 4:44 pm to LookSquirrel
SOMA, SONESTA,
Ring a bell...
Ring a bell...
Posted on 6/10/21 at 4:49 pm to LookSquirrel
quote:
Blackrock is buying every single family house they can find, paying 20-50% above asking price and outbidding normal home buyers.
that's good news for when i want to sell mine
Posted on 6/10/21 at 5:10 pm to LookSquirrel
Neighbors house sold to a rental firm. If my new neighbors frick around they gonna get cops called on them and attorneys calling their rental company.
Posted on 6/10/21 at 5:14 pm to LookSquirrel
Just another small step to total control of your life. This action goes and in hand with what the right to repair movement is fighting.
Posted on 6/10/21 at 5:16 pm to LookSquirrel
I can tell you this, I’ve been trying to buy a home since early February. With current market conditions, the average homebuyer simply can’t compete. Last house I lost out on, the winning offer went so far as to remove the appraisal contingency. Essentially they were willing to pay the difference between what the house appraised for and their offer. And if you think you’d like to jump on a moderately priced fixer upper, forget about it. These same companies are buying them up with cash and turning them into rentals.
Posted on 6/10/21 at 5:24 pm to LookSquirrel
quote:I mean - this has been a thing since 2009.
Why is BlackRock, (the FED), buying every "Single Family House", they can find?
Posted on 6/10/21 at 5:46 pm to LookSquirrel
Buying in this market seems like a really bad investment.
Posted on 6/10/21 at 6:15 pm to LookSquirrel
If BlackRock is involved, something shady is going down.
Posted on 6/10/21 at 7:07 pm to LookSquirrel
We’ve returned to feudalism. With more intense spying and intrusion.
I’ve said it before and I’ll say it again. The one thing Orwell got wrong, was that our transition to Oceania was voluntary.
I’ve said it before and I’ll say it again. The one thing Orwell got wrong, was that our transition to Oceania was voluntary.
Posted on 6/10/21 at 8:56 pm to LookSquirrel
quote:
because for the lower and middle class owning a home is the most major part of any financial success, and future upward mobility.
Everything else I agree with except for this.
Posted on 6/10/21 at 9:01 pm to LookSquirrel
Renters are typically the dregs of society, seems fitting with the lefts voter base.
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