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Anyone worried that Blackrock buying out the housing is actually China?
Posted on 7/28/21 at 1:42 am
Posted on 7/28/21 at 1:42 am
The whole situation is so crazy you can pretty much pick your conspiracy theory. Whatever it is it's sinister.
China making a massive land grab with a U.S. middle man is really the only thing that makes sense to me with the money involved.
China making a massive land grab with a U.S. middle man is really the only thing that makes sense to me with the money involved.
16
Posted on 7/28/21 at 1:44 am to Ham Solo
Govt could seize at any moment if they chose to do their job,
Posted on 7/28/21 at 2:20 am to Ham Solo
Go look up the investments they have in chynah.
$34b? Access to US cap markets? Dots to be connected.
$34b? Access to US cap markets? Dots to be connected.
Posted on 7/28/21 at 3:35 am to Ham Solo
I'm more concerned about china buying our politicians, academics, DAs, generals, intelligence officers, judges and journalists than them or anyone else buying land. They can do much more damage purchasing the former
Posted on 7/28/21 at 6:15 am to Ham Solo
quote:I am worried about a lot of things, including this, but am more concerned that the current administration has the capability and probably the desire to destroy America much more quickly than China could in buying property.
Anyone worried that Blackrock buying out the housing is actually China?
Posted on 7/28/21 at 6:17 am to Diamondawg
Trump fricked up by not pushing all Chinese property should be stripped and hammering any mostly China owned companies.
That should have been the response to Covid sanction them out of the arse and drop the hammer.
That should have been the response to Covid sanction them out of the arse and drop the hammer.
Posted on 7/28/21 at 6:40 am to Ham Solo
It’s their REIT that is buying homes & property. Their REIT is bought through Morgan Stanley & Merrill Lynch financial advisors. So many retail investors at Morgan & Merrill want exposure to REITs they are buying the fund. The REIT is raising billions every month and they have to deploy that money.
Posted on 7/28/21 at 7:14 am to Ham Solo
quote:Washington DC--but maybe a handful-- doesn't want to crack down-or they would have.
China is buying up American farms Washington wants to crack down.
Chinese firms have expanded their presence in American agriculture over the last decade by snapping up farmland and purchasing major agribusinesses, like pork processing giant Smithfield Foods. By the start of 2020, Chinese owners controlled about 192,000 agricultural acres in the U.S., worth $1.9 billion, including land used for farming, ranching and forestry, according to the Agriculture Department.
This is why I don't think there is anyone monitoring and doing anything to stop this full frontal attack of China to our homeland. There are no good guys working to stop this. Because the enemy is within.
This post was edited on 7/28/21 at 7:18 am
Posted on 7/28/21 at 7:20 am to Ham Solo
this recent article indicates that US home purchases by China have plummeted. Some believe it is because Blackrock is now doing their dirty work for them, in exchange for access to Chinese investors .... it also limits wealthy Chinese from offshoring their assets without the CCP's control ....
https://wolfstreet.com/2021/07/26/us-home-purchases-by-foreigners-plunged-for-4th-year-in-a-row-to-lowest-since-at-least-2011-but-they-bought-more-expensive-homes-than-americans/
quote:
US Home Purchases by Foreigners Plunged for 4th Year, to Decade Low. But They Bought More Expensive Homes than Americans
by Wolf Richter • Jul 26, 2021
Purchases by buyers from China collapsed by 84% since the peak in 2017.
Purchases by foreigners of existing homes in the US – meaning used homes, not new homes – in the period from April 2020 through March 2021 plunged 27% from the prior year, to $54 billion, the fourth year in a row of declines, and by 65% from the peak in 2017 ($153 billion), according to the National Association of Realtors’ annual report on foreign buyers today.
Foreign buyers have gotten cold feet and face other hurdles, such as capital controls, particularly buyers from China. These buyers fall into two groups: resident foreigners who bought $32 billion worth of homes during the period (purple), down 59% from the peak in 2017, and non-resident foreigners who bought $22 billion of homes (black), down 71% from the peak:
https://wolfstreet.com/2021/07/26/us-home-purchases-by-foreigners-plunged-for-4th-year-in-a-row-to-lowest-since-at-least-2011-but-they-bought-more-expensive-homes-than-americans/
Posted on 7/28/21 at 7:25 am to Ham Solo
I'm trying to figure out where the Exit Strategy is for a Blackrock that buys 120 homes in a single neighborhood. In a decade those homes go to shite and roofs, a/c's etc have to be replaced. Not to mention the liability costs that single family dwellings expose you to versus apartment style.
Wouldn't surprise me if their backstop is the Feds to come in after a decade and perform a Section-8 style conversion, or at least be some type of silent partner.
Wouldn't surprise me if their backstop is the Feds to come in after a decade and perform a Section-8 style conversion, or at least be some type of silent partner.
Posted on 7/28/21 at 7:26 am to Ham Solo
quote:
Anyone worried that Blackrock buying out the housing is actually China?
Yes.
They own the banks anyway.
I’m sure they own my mortgage.
fricking communism is a cancer
Posted on 7/28/21 at 7:26 am to Ham Solo
quote:
China making a massive land grab with a U.S. middle man is really the only thing that makes sense to me with the money involved.
I hope it is China. After we 'fix' things we can just nationalize their assets here and take them for free
Posted on 7/28/21 at 7:29 am to JColtF
quote:
I hope it is China. After we 'fix' things we can just nationalize their assets here and take them for free
We could barely "fix" Tik Tok with the most conservative president that any of us will ever see in our lifetimes again, so how are going to "fix" trillions of China's hard assets to nationalize?
Posted on 7/28/21 at 7:31 am to Wednesday
quote:
Yes.
They own the banks anyway.
Posted on 7/28/21 at 7:34 am to momentoftruth87
quote:
Govt could seize at any moment if they chose to do their job,
I can think of about 1.5 BILLION reasons why that won't happen.
Posted on 7/28/21 at 7:37 am to Tomatocantender
quote:
I'm trying to figure out where the Exit Strategy is for a Blackrock that buys 120 homes in a single neighborhood.
Section 8 en masse. Tons of money to be made going that route.
This post was edited on 7/28/21 at 7:38 am
Posted on 7/28/21 at 7:52 am to cadillacattack
Yeah Blackrock is China's front.
Remember the Awan brothers shell car dealership? DWS fought the CP when they took her laptop as evidence. NOTHING happened with this but a whitewash. DiFi and Swallowswell were honey potted by Chinese spies on our own soil.
Where are Grassley and all of the GOP? Paid off to look the other way. It is a nightmare.
Remember the Awan brothers shell car dealership? DWS fought the CP when they took her laptop as evidence. NOTHING happened with this but a whitewash. DiFi and Swallowswell were honey potted by Chinese spies on our own soil.
Where are Grassley and all of the GOP? Paid off to look the other way. It is a nightmare.
This post was edited on 7/28/21 at 7:53 am
Posted on 7/28/21 at 7:55 am to jimmy the leg
quote:Refresh my memory. Anybody have the links of the democrats via the new ACORN wanting essentially to go into Braxton, Paxton & Presslee's mom's neighborhood?
Section 8 en masse. Tons of money to be made going that route.
The green new Deal and or the Great Reset?
Also: I remember being called a VRW conspirator; when I warned years ago of the U.N. implementing HOA's via one of their hokey programs and the democrats.
This post was edited on 7/28/21 at 7:58 am
Posted on 7/28/21 at 7:58 am to Ham Solo
What would you be willing to do if you knew any of your retirement/401(k) deposits were purchasing investments with Chinuh connections?
Posted on 7/28/21 at 7:59 am to Tomatocantender
quote:
Wouldn't surprise me if their backstop is the Feds to come in after a decade and perform a Section-8 style conversion, or at least be some type of silent partner.
Obama's HUD pushed rules through, which Trump repealed, that would have forced more multi-family unit dwellings into areas as part of accepting HUD funds as well as doing other things to encourage Section 8 moving the poor out to the suburbs.
Frankly, it is an extension of the government rules that have been in place for a while to where certain areas which don't have enough Section 8 housing were handing out vouchers to people and expecting other areas to cover the overage.
Chicago was handing those out like candy. Davenport, Iowa, tried to establish rules that would let Iowa residents get first crack at such properties over out of state residents and it became a legal shite show IIRC.
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